Binance CEO Changpeng Zhao receives Trump pardon, raising hopes for US crypto investors' fortunes
Changpeng Zhao, one of the wealthiest and most influential figures in the cryptocurrency industry, has secured a pardon from former US President Donald Trump, potentially paving the way for US crypto investors to access his Binance platform. The move could provide relief to investors who had been barred from using Binance due to its ties to Zhao.
Changpeng Zhao, one of the wealthiest and most influential figures in the cryptocurrency industry, has secured a pardon from President Donald Trump. The pardon could have significant implications for US crypto investors, who had been subject to a US Securities and Exchange Commission (SEC) investigation into CZ's activities. The reprieve may also impact Binance, the cryptocurrency exchange co-founded by CZ, which has faced scrutiny over its operations in the US. As a result, Binance's status as an unregistered securities company remains unclear.
