Trump on CZ pardon: I'm told ‘what he did is not even a crime’
Donald Trump pardoned Binance founder CZ based on recommendations that his actions were not a crime and that he was persecuted by the Biden Administration.Summary
US President Donald Trump announced the pardon of Binance founder Changpeng “CZ” Zhao, stating he was influenced by numerous people who claimed CZ was not guilty and that his actions "is not even a crime." Trump added that CZ was "persecuted by the Biden Administration." CZ had previously pleaded guilty to violating the US Bank Secrecy Act for failing to maintain an effective anti-money laundering program, resulting in a four-month prison sentence. CZ's attorney, Teresa Goody Guillén, emphasized that the charge involved no fraud, victims, or criminal history, noting CZ is the first first-time offender to receive prison time for such a non-fraud-related charge. Following the pardon, CZ expressed gratitude and stated his commitment to helping make America the "Capital of Crypto."
(Source：Cointelegraph)