Grand Theft America / Receipt money-2025-10-24-056

Trump pardons Binance founder CZ after crypto firm backed WLF launch

Trump granted a full pardon to Binance founder Changpeng 'CZ' Zhao, convicted of anti-money-laundering violations, after Binance had donated software supporting the launch of the Trump family's World Liberty Financial crypto venture.

Verified through 2026-07-08Source: NPRCorrections: none logged

What happened

Zhao served four months after Binance paid a $4 billion fine in 2023. The pardon came a week after Donald Trump Jr. introduced a lobbyist for Zhao to the president at a public event, per NPR and TechCrunch reporting.

Why it matters

The pardoned executive's company had materially assisted the Trump family's crypto business shortly before the pardon request, raising the appearance that support for a Trump venture was rewarded with executive clemency for a serious financial crime.

Receipt details

  • Trade the pardons
  • No cash figure

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