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Trump pardons Binance CEO Zhao; wipes criminal record

The Morning Standard

|

October 24, 2025

US President Donald Trump has pardoned the convicted Binance co-founder Changpeng Zhao, the White House said Thursday, accusing Trump’s predecessor Joe Biden of launching an unnecessary “war” against the industry.

Binance was created in 2017, and swiftly became the world’s largest cryptocurrency exchange by volume, turning Zhao into a billionaire.

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