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flag Former President Trump pardoned Binance founder Changpeng Zhao amid allegations of corruption and ties to Trump-linked entities.

flag In October 2025, former President Donald Trump pardoned Changpeng Zhao, founder of cryptocurrency exchange Binance, who had pleaded guilty to money-laundering violations and paid a $4 billion penalty. flag The pardon drew intense scrutiny due to Binance’s financial ties to World Liberty Financial, a crypto venture linked to the Trump family, including a $2 billion investment from an Emirati fund and software support from Binance that helped launch the platform’s token. flag Critics, including former Justice Department pardon attorney Elizabeth Oyer, called the move unprecedented and indicative of corruption, citing potential quid pro quo arrangements. flag While Trump claimed he did not know Zhao and denied any conflict, legal experts warn the decision undermines public trust in the pardon power and raises concerns about the intersection of political influence, foreign capital, and digital finance.

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