Binance's Founder, CZ, has openly admitted to applying for a presidential pardon from Trump.
Unvarnished Take
Hey there! Let's dive into the steaming pot of crypto news, shall we?
Remember Changpeng "CZ" Zhao, the dude behind Binance, who served a four-month stint for money laundering last year? Well, he's been hustling to get a presidential pardon, according to a recent chat with Farokh Sarmad of Rug Radio.
Initially, CZ brushed off rumors that he was trying to unload Binance.US equity in exchange for some clemency, but he now admits his application is in the works. He even dropped a couple of big names – Ross Ulbricht and the BitMEX trio – who also sought Trump's forgiveness in crypto-related charges.
But don't get too excited just yet. The application's been submitted, but no decision has been made as of now. CZ's lawyers handled the business end of things, and honestly, who can blame him? After all, if Trump was doling out pardons left and right to crypto criminals, might as well give it a shot, right?
In this dynamic crypto world, nothing is ever straightforward. But hey, stranger things have happened. So, buckle up and let's see how this one unfolds!
Dawn's Early Light Newsletter
Curious to know more?- Check out Zhao's interview with Farokh Sarmad on Rug Radio.[Link to the interview]- For a comprehensive overview of the Binance saga, read this article.[Link to comprehensive article]- Wondering about Trump's other crypto-related pardons? Here's a rundown.[Link to article about Trump's other crypto pardons]
- Changpeng "CZ" Zhao, the Binance founder who served for money laundering, has admitted to applying for a presidential pardon, as reported in an interview with Farokh Sarmad of Rug Radio.
- In his interview, Zhao mentioned other crypto personalities like Ross Ulbricht and the BitMEX trio, who also sought Trump's pardon in crypto-related cases.
- Despite submitting the application, no decision has been made regarding Zhao's pardon request as of now.
- Binance's token, the native cryptocurrency of the Binance Exchange, has been a significant player in the crypto finance market, especially on the Binance Crypto-to-Crypto Exchange and Binance DEX.
- Articles related to CZ's pardon application and its potential impact on the crypto business and finance world can be found online.
- Changpeng "CZ" Zhao's ambitions in the crypto and finance world extend beyond Binance, as he continues to invest in and partner with various crypto and technology businesses.
