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Binance founder CZ asked Trump to pardon money laundering conviction

cryptoweekly by cryptoweekly
May 8, 2025
in bitcoin, News
0

Binance founder Changpeng Zhao confirmed he applied for Donald Trump to pardon his money laundering conviction after denying earlier reports that he’d done so.

Binance founder and convicted felon Changpeng Zhao says that he applied for a pardon from US President Donald Trump shortly after denying reports that he was seeking one.

Zhao, also known as CZ, said on a Farokh Radio podcast episode aired May 6 that he “wouldn’t mind” a pardon and that his lawyers have already filed the paperwork on his behalf

“I got lawyers applying,” Zhao said, adding that he submitted the request after Bloomberg and The Wall Street Journal reported in March that he was seeking a pardon from Trump amid discussions of a business deal between the Trump family and Binance.US.

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  • Can you mine Bitcoin with a gaming PC? Here’s what you need to know
  • OCC clears banks to offer crypto services without prior approval
  • Trump crypto adviser David Bailey raises $300M for Bitcoin investment firm
  • 60K Bitcoin addresses leaked as LockBit ransomware gang gets hacked
  • US banks can handle customer crypto assets held in custody, regulator confirms
  • G7 summit could discuss North Korea’s crypto hacks: Report
  • Texas House committee passes Bitcoin reserve bill for full floor vote

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