Reported about 9 hours ago
President Donald Trump has pardoned Changpeng 'CZ' Zhao, the founder of Binance, who had previously pleaded guilty to money laundering charges related to his cryptocurrency exchange, serving four months in prison. White House Press Secretary Karoline Leavitt stated that the pardon was an exercise of constitutional authority against the Biden Administration's stance on cryptocurrency. This decision follows reports of a lucrative crypto venture connected to the Trump family, which raised questions about potential conflicts of interest.
Source: YAHOO