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We Got This Covered
We Got This Covered
Fred Onyango

‘All while Americans can’t afford groceries’: Trump pardons a crypto mogul, now billions pour into Trump family coin

In 2023, the then-CEO of the massive cryptocurrency exchange Binance, Changpeng Zhao, was convicted for using his crypto platform to launder money for terrorist organizations such as ISIS after he pleaded guilty to the charges.

In Oct. 2025, Donald Trump gave him a full pardon despite admitting he doesn’t know who Zhao is, and now, suddenly, $4.7 billion has been pumped into a Trump family–owned crypto called USD1.

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