US President Donald Trump has pardoned Binance founder Changpeng Zhao, the billionaire who built the worldβs largest cryptocurrency exchange and later served prison time for compliance failures linked to money laundering and illicit activity.
The decision ends a months-long push by Zhao, known widely in the crypto world as βCZβ, to clear his record. The Binance founder has long been seen as one of the most influential figures in the digital asset space and a key supporter of the Trump familyβs crypt
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