On the 13th (local time), Changpeng Zhao announced through X that he was a friend of Donald Trump.
Trump for a pardon and for promoting business transactions between Trump's family and Binance.US.
He emphasized that reports that he would be able to resume his management or administrative roles at Binance if he were pardoned were not true, saying, "No matter what
"I am open to pardons for ex-offenders, but I am the only person in American history to have been convicted and imprisoned for a single violation of the Bank Secrecy Act (BSA)," he said.
He added, "This article appears to be intended to attack the president and cryptocurrency. The remnants of the 'war on cryptocurrency' that has continued since the previous administration are
"It still appears to be functioning," he added. In November 2023, Binance reached a settlement with US authorities that included a $4.3 billion fine and the conviction of Changpeng Zhao.
The settlement resulted in Zhao admitting to violating the Bank Secrecy Act by failing to effectively operate an anti-money laundering (AML) program, and he stepped down as CEO of Binance after four months in prison.
Zhao was also given a court order permanently barring him from any involvement in the operation and management of Binance.
2025/03/14 14:17 KST
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