Binance’s Changpeng Zhao claims U.S. crypto rivals ‘paid millions’ to block his pardon
The Block
In his new memoir, Binance founder Changpeng Zhao alleges that U.S. competitors spent millions in lobbying fees to block his presidential pardon.Summary
In his recently released memoir, Binance founder and former CEO Changpeng "CZ" Zhao claims that U.S.-based crypto exchanges spent millions of dollars on lobbying efforts to prevent President Donald Trump from pardoning him. Zhao suggests these rivals feared that a pardon would allow Binance to re-enter the U.S. market and threaten their business dominance. The memoir also addresses media coverage Zhao characterizes as "smear articles," while noting that his own team lobbied for his pardon, which was ultimately granted by Trump last October.
(Source：The Block)