On the 6th, Zhao appeared on the Farokh Radio podcast and said, "If I receive a pardon, I will be happy to accept it."
"The president has requested that Zhao be pardoned by President Trump," he said, adding that his lawyers have already filed the relevant documents. This was reported in March by Bloomberg and The Wall Street Journal.
While denying the reports at the time, he said, "I thought it would be better to apply to Official rather than have such articles published."
He also said that the decision was influenced by Trump's past pardons of BitMEX founder Arthur Hayes and two others.
Zhao said, "No one, no matter what kind of criminal conviction they have, would be denied pardon," and revealed that he had submitted his pardon application about two weeks ago. He also said that he was a former bank secrecy law (
He claimed to be the only person in U.S. history to be imprisoned for violating the Bank Secrecy Act. He will be sentenced to life in prison in November 2023 under an agreement with U.S. authorities for violating anti-money laundering laws.
He admitted to the charges and paid a total of $4.3 billion in fines with the company, $50 million of which he personally shared. In the process, he also stepped down as CEO of Binance. He was later inaugurated four months later.
He was sentenced and served his sentence, and is barred from returning to management at Binance. According to the U.S. Department of Justice, a pardon does not waive the conviction. However,
It's possible that Zhao could reassume an operational or management role at Binance US, though he said he has no plans to return as CEO.
2025/05/08 11:38 KST
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