Senators Schiff and Warren Condemn Trump’s Pardon of Binance Founder

On October 24, 2025, Senators Adam Schiff (D-Calif.) and Elizabeth Warren (D-Mass.) took a strong stance against the recent presidential pardon granted to Changpeng Zhao, founder of Binance, one of the world's largest cryptocurrency exchanges. The senators introduced a resolution condemning the pardon, which they argue symbolizes corruption and undermines the integrity of the US legal system.

The resolution calls upon Congress to utilize its authority to prevent such actions in the future and maintain accountability. This political development highlights the increasing scrutiny and regulatory attention around major players in the crypto industry.

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