CZ’s pardon came after costly Binance lobbying push in Washington: Politico

Former Binance CEO Changpeng “CZ” Zhao’s pardon by US President Donald Trump occurred after a significant lobbying effort by Binance in Washington, according to a Politico report. This effort included paying $450,000 to Checkmate Government Relations, a firm linked to Donald Trump Jr., to lobby the White House and Treasury Department for "executive relief." Additionally, Binance and Zhao paid $290,000 to Teresa Goody Guillén, a crypto lawyer considered for the SEC chair role under Trump. CZ, who served four months for violating US Anti-Money Laundering (AML) laws, received the pardon despite criticism from figures like Representative Maxine Waters, who alleged the pardon followed months of lobbying and funding Trump-linked entities like World Liberty Financial.

(Source：Cointelegraph)