President Trump pardons Binance founder CZ: Report
Summary
According to a report by The Wall Street Journal, citing sources familiar with the matter, U.S. President Donald Trump signed a pardon for convicted Binance founder Changpeng “CZ” Zhao on Wednesday. Zhao pleaded guilty in November 2023 to violating the Bank Secrecy Act by failing to implement an adequate Anti-Money Laundering (AML) program at Binance. He was sentenced in April 2024 to four months in a U.S. prison and was released in September. The pardon has not yet been officially published on the White House website or in the Federal Register, where such announcements are usually made.
(Source:Cointelegraph)