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

Published at 2025-10-31 07:06:06
Senators Schiff and Warren Condemn Trump’s Pardon of Binance Founder – cover image

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.

For crypto enthusiasts looking to stay informed and make strategic investment decisions, platforms like Bitlet.app are more important than ever. Bitlet.app offers a user-friendly way to buy cryptocurrencies with their unique Crypto Installment service, enabling users to acquire digital assets now and pay monthly—making crypto investments more accessible during times of market and regulatory uncertainty.

As the crypto landscape continues to evolve amid political debates and regulatory challenges, staying informed and having flexible investment options like Bitlet.app can greatly benefit anyone looking to participate in the digital economy.

CryptocurrencyUSPoliticsBinanceCryptoRegulationTrumpPardonBitletAppChangpengZhao
Share on:

Related news

Binance Seeks Five More APAC Licenses in Major Asia Push

Binance plans to secure five additional operational licenses across the Asia-Pacific by the end of 2026, intensifying its regional expansion and regulatory engagement. The move follows the exchange's broader strategy to normalize local operations and grow product access.

RegulationLicensingBinanceAsiaCrypto
Published at 2026-03-04 08:00:10
Morgan Stanley: US Stocks Likely Hold Despite Iran Tensions; Crypto Could Follow

Morgan Stanley says the U.S. equity rally should withstand rising Iran tensions so long as crude stays stable, a view that could matter for crypto if risk-on flows persist. A sharp, sustained oil spike remains the main threat to markets.

GeopoliticsMarketsCryptocurrencyMorgan StanleyBitcoinOil
Published at 2026-03-03 22:15:31
Luna Classic Surges 28% After Binance Burns 850M LUNC

Luna Classic rallied about 28% after Binance executed a burn of 850 million LUNC, pushing the token back into last month’s price range. Another crypto platform has indicated it will join the burning initiative, reinforcing community-led deflation efforts.

LUNCMarket RallyBinanceToken BurnDeflationary
Published at 2026-03-03 20:30:55
Investors Flee to Cash as Iran Crisis Rattles Markets

Rising tensions in Iran pushed global investors into cash, compressing demand for gold, bonds and stocks while volatility spiked. Cryptocurrencies including DASH saw muted flows as traders prioritized liquidity.

GeopoliticsMarketsCryptocurrencyCashVolatility
Published at 2026-03-03 19:30:25
CFTC Appoints David Miller as Enforcement Director Amid Crypto Crackdown

The CFTC has named David Miller as its new Director of Enforcement, reinforcing the agency’s oversight of digital-asset markets. The move comes as regulators intensify scrutiny of trading integrity and market misconduct.

David MillerCFTCEnforcementCryptocurrencyRegulation
Published at 2026-03-02 19:00:29

DeFi

All DeFi posts

Bitcoin

All Bitcoin posts

Liquidity

All Liquidity posts

Blockchain

All Blockchain posts

Ethereum

All Ethereum posts