Former Binance CEO Changpeng "CZ" Zhao pleaded guilty in 2023 to failing to maintain an effective anti-money laundering program. President Trump pardoned him this week. Jason Redmond/AFP/Getty Images New York —
The Trump administration excels at sowing uncertainty . But it is sending an unambiguous message to crypto entrepreneurs who may be operating on the fringes of the law, or outside of it: Don’t worry about a thing.
ICYMI: President Donald Trump on Thursday issued yet another reprieve for a crypto mogul who happens to have greatly enriched the Trump family’s net worth.
Changpeng Zhao, the founder and former CEO of crypto exchange Binance, served a four-month prison sentence after pleading guilty in 2023 to charges related to anti-money-laundering violations. Zhao, widely

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