u.today
According to a recent report by The Wall Street Journal, Binance founder Changpeng Zhao has pardoned Binance founder Changpeng Zhao by US President Donald Trump.
The report, which cites people familiar with the matter, says that the pardon was signed on Wednesday.
The news does not come as a complete surprise. As reported by U.Today, Fox Business's Charles Gasparino revealed that Binance was on the verge of securing a pardon earlier this month.
CZ himself confirmed that his lawyers applied for a pardon during a podcast appearance earlier this year.
The price of the BNB token is up 5.1% on the news, according to CoinGecko data. It reached an intraday high of $1,138 shortly after the news broke.
This is a developing news story. Stay tuned for updates.