Trump Pardons Binance Founder Changpeng Zhao in High-Profile Cryptocurrency Clemency

President Trump has pardoned Changpeng Zhao, the founder of cryptocurrency exchange Binance, who pleaded guilty in 2023 to violating anti-money-laundering laws and was sentenced to four months in prison. The pardon of one of the crypto industry's most prominent figures comes as the Trump administration has moved aggressively to position the United States as a global hub for digital assets, with several crypto-friendly executive orders already signed and a Bitcoin strategic reserve under consideration.