Trump Grants Pardon to Binance Founder Changpeng Zhao Amid Controversy | AI News Digest
Insiders reveal that former President Donald Trump has issued a pardon for Changpeng Zhao, the founder of Binance, the world's largest cryptocurrency exchange. Zhao had previously spent four months in prison after admitting guilt to charges of money laundering, tied to transactions associated with serious criminal activities. The pardon comes after Zhao, a prominent player in the cryptocurrency realm and a known supporter of Trump, lobbied for clemency. Trump defended his decision by claiming that many believed Zhao had committed no wrongdoing and criticized the Biden administration's approach to the case. This move is part of Trump's broader initiative to bolster the cryptocurrency sector, which has come under heightened scrutiny from the current government.
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