US President Donald Trump has pardoned Changpeng Zhao, founder of the giant Binance cryptocurrency exchange, who was convicted of violating the United States’ money-laundering laws.

In a statement on Thursday, 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”.

Zhao said in a post on social media platfor

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