
On October 23, 2025, former President Donald Trump pardoned Changpeng Zhao, founder of Binance, who had pleaded guilty to anti-money laundering violations. This move sparked mixed reactions and raised questions about crypto regulations and political ties.

On October 23, 2025, former President Donald Trump granted a pardon to Changpeng Zhao, Binance's founder, who was convicted of violating U.S. money-laundering laws. This move may lead to Zhao's return to Binance and further expansion within the U.S. crypto industry.