Archive · 8 Nov 2025

Trump Pardons Binance Founder Changpeng Zhao Amid Financial Scheme Accusations

Trump Pardons Binance Founder Changpeng Zhao Amid Financial Scheme Accusations

Imagine someone ran a big online store for digital money, like Bitcoin.

This person, named Changpeng Zhao, was found guilty of letting bad people use his store to hide dirty money.

He had to pay a lot of money and was banned from running the store for a while.

But then, the President decided to forgive him, like a get-out-of-jail-free card.

Some people think this pardon might be because the store's technology is being used by a company connected to the President's family, potentially making them rich.

Others say the President just likes to pardon people who made money through financial deals, even if they broke rules.

It's like letting a celebrity off the hook because they know someone important, even though they did something wrong.

Sources