CZ Says Crypto Exchange Rivals Opposed His Pardon Bid
9 Articles
9 Articles
CZ Says Crypto Exchange Rivals Opposed His Pardon Bid
Binance co-founder Changpeng “CZ” Zhao said he was not very confident he would be pardoned by US President Donald Trump after serving a four-month prison sentence in 2024 for violating US anti-money-laundering laws. “You never know because we actually had very strong anti-lobbying from some of our perceived competitors in the US,” Zhao told Ran Neuner on the Crypto Banter podcast published to YouTube on Saturday. “The other crypto exchanges in t…
CZ Says US Crypto Rivals Opposed Trump Pardon Over Binance Comeback Fears
What Did CZ Say About the Pardon Process? Binance co-founder Changpeng “CZ” Zhao said he was not highly confident he would receive a pardon from US President Donald Trump after serving a 4-month prison sentence in 2024 for violating US anti-money-laundering laws. “You never know because we actually had very strong anti-lobbying from some of our perceived competitors in the US,” Zhao told Ran Neuner on the Crypto Banter podcast published on Satur…
Rival Exchanges Blocked CZ Pardon Push to Keep Binance Out of U.S. Market
Changpeng Zhao dropped a bombshell. Rival crypto exchanges fought hard to kill his pardon bid, and the reason is pretty… Read the original on Rival Exchanges Blocked CZ Pardon Push to Keep Binance Out of U.S. Market. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
CZ Claims Rival Crypto Exchanges Opposed His Pardon Bid
Binance founder Changpeng “CZ” Zhao has framed his trajectory in the U.S. crypto saga as a political and legal chess game, noting that a presidential pardon—even after a four-month prison term—hung on contested lobbying dynamics inside Washington. Zhao, who completed his sentence in September 2024 amid a sprawling set of U.S. probes and a $4.3 billion settlement tied to Bank Secrecy Act and IEEPA violations, said in a recent interview that he wa…
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