cryptopotato.com
According to multiple reports, the US President – Donald Trump – has granted a pardon to Binance founder and former CEO – Changpeng Zhao.
Reuters reports:
In a statement, White House press secretary Karoline Leavitt said Trump had “exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency.”
Recall that CZ stepped down as CEO of Binance following a $4.3 billion settlement between the exchange and the US government, which marked the end of a years-long probe into alleged misconduct on behalf of Binance.
Binance is yet to comment on the matter, same as CZ himself.