{"id":2502305,"date":"2025-10-23T12:33:02","date_gmt":"2025-10-23T16:33:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-pardons-binance-founder-changpeng-zhao\/"},"modified":"2025-10-23T12:33:22","modified_gmt":"2025-10-23T16:33:22","slug":"trump-pardons-binance-founder-changpeng-zhao","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-pardons-binance-founder-changpeng-zhao\/","title":{"rendered":"Trump pardons Binance founder Changpeng Zhao"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">12<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-pardons-binance-founder-changpeng-zhao%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2502305&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Former President Donald Trump has pardoned Changpeng Zhao, the founder and majority owner of cryptocurrency exchange Binance. zhao, a Chinese-born Canadian billionaire, was convicted of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chinese-national-sentenced-for-aiding-drug-traffickers\/\" title=\"Chinese National Sentenced for Aiding Drug Traffickers\"><a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/miles-anonymous-taylor-accidentally-exposes-the-fraudulence-of-the-mainstream-media\/\" title=\"Miles &#039;Anonymous&#039; Taylor Accidentally Exposes the Fraudulence of the Mainstream Media\">money laundering<\/a> charges<\/a> under the Biden administration, which had sought a harsh three-year sentence that surprised the presiding judge. White House press secretary Karoline Leavitt stated that the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/joe-biden-knows-he-messed-up-on-fracking-at-debate-and-is-now-doing-damage-control-the-daily-wire\/\" title=\"Joe Biden Knows He Messed Up On Fracking At Debate And Is Now Doing Damage Control | The Daily Wire\">biden administration<\/a>&#8216;s aggressive prosecution was part of a broader &#8220;war on cryptocurrency,&#8221; despite no allegations of fraud or identified victims. Zhao was released from prison in september 2024, nearly a year after pleading guilty.Binance and Zhao have also been supporters of the Trump family&#8217;s cryptocurrency venture, World Liberty Financial, which has significantly increased their wealth. The pardon marks a significant pushback against the Biden administration&#8217;s tough stance on the crypto industry.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Trump pardons Changpeng Zhao, Binance founder convicted under Biden<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2380730\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>President <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\/\" target=\"_blank\" rel=\"noreferrer noopener\">Donald Trump<\/a> pardoned Changpeng Zhao, the Chinese-born Canadian billionaire founder and majority owner of cryptocurrency exchange Binance.<\/p>\n<p>&ldquo;President Trump exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency,&rdquo; White House press secretary Karoline Leavitt wrote in a statement. &ldquo;In their desire to punish the cryptocurrency industry, the Biden Administration pursued Mr. Zhao despite no allegations of fraud or identifiable victims.&rdquo;<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3861199\/watch-live-white-house-briefing-after-east-wing-destruction\/\">WATCH LIVE: White House holds briefing after East Wing demolition begins<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3860297\/vance-calls-knesset-vote-west-bank-insult-to-trump-administration\/\">Vance calls Knesset vote on West Bank an &#8216;insult&#8217; to Trump administration<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3860139\/senate-confirmation-scarred-trump-nominees-other-homes-administration\/\">Senate confirmation-scarred Trump nominees find other homes in the administration<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>&ldquo;The Biden Administration sought to imprison Mr. Zhao for&nbsp;<em>three years<\/em>, a sentence so outside Sentencing Guidelines that even the Judge said he had never heard of this in his 30-year career,&rdquo; she continued.&nbsp;&ldquo;These actions by the Biden Administration severely damaged the United States&rsquo; reputation as a global leader in technology and innovation.&nbsp;The Biden Administration&rsquo;s war on crypto is over.&rdquo;<\/p>\n<p>Zhao was released from prison in September 2024, almost a year after pleading guilty to American money laundering charges.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3858106\/trump-hosts-nato-secretary-turns-up-heat-russia\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>TRUMP HOSTS NATO SECRETARY AS HE TURNS UP THE HEAT ON RUSSIA<\/strong><\/a><\/p>\n<p>Binance was investigated in 2021 by the Biden administration regarding allegations of money laundering and tax crimes. The company, alongside Zhao, pleaded guilty in November 2023. Reports indicated that Zhao was pushing for a presidential pardon for several months.<\/p>\n<p>Furthermore, Binance and Zhao have closely supported the Trump family&rsquo;s launch of World Liberty Financial, a cryptocurrency company that stood up ahead of last year&rsquo;s election. World Liberty Financial has grown the Trump family&rsquo;s wealth by hundreds of millions, if not billions, of dollars this year.<\/p>\n<\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump pardons Binance founder Changpeng Zhao convicted under Biden<\/p>\n","protected":false},"author":2645,"featured_media":2502306,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/10\/AP25294765829536.jpg?w=696","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[8369,51796,3634],"class_list":["post-2502305","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-binance","tag-pardon-2","tag-trump"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/10\/AP25294765829536.jpg?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2502305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2645"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2502305"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2502305\/revisions"}],"predecessor-version":[{"id":2502309,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2502305\/revisions\/2502309"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2502306"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2502305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2502305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2502305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}