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President Trump pardons Binance founder Changpeng Zhao, who was imprisoned for violating banking laws that allowed illicit cryptocurrency transactions.

The pardon reverses Biden-era crypto enforcement and reflects Trump’s hands-off approach toward an industry that heavily funded his campaign.

Trump’s family has invested in crypto ventures supported by Binance, raising questions about the pardon’s connection to business interests.

WASHINGTON — President Trump has pardoned Binance founder Changpeng Zhao, who created the world’s largest cryptocurrency exchange and served prison time for failing to stop criminals from using the platform to move money connected to child sex abuse, dr

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