Trump pardon's Binance founder Chanpeng Zhao

France 24•Thursday, October 23, 2025 at 9:09:00 PM

In a surprising move, President Donald Trump has pardoned Chanpeng Zhao, the founder of Binance, who previously served four months in prison for failing to prevent money laundering on his platform. This decision not only highlights the complexities of cryptocurrency regulation but also raises questions about the future of Binance and its operations in the wake of ongoing US and EU sanctions against Russia. Zhao's pardon could signal a shift in how authorities approach cryptocurrency leaders, potentially fostering a more lenient environment for innovation in the sector.

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