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Fortune
Fortune
Catherine McGrath

Binance founder “CZ” seeks pardon from President Trump after four month stint in prison

(Credit: Zed Jameson/Bloomberg—Getty Images)

Changpeng Zhao, founder and former CEO of crypto exchange Binance, is hoping to get a pardon from President Donald Trump after being released from prison late last year. Zhao, better known by his initials CZ, formally applied for a pardon from the Trump administration two weeks ago, he said on the Farokh Radio podcast on Monday. 

“We only submitted after the Bloomberg article and the Wall Street Journal article came out,” CZ said on the podcast, referring to two articles from March that reported he was hoping to receive a pardon in exchange for going into business with Trump. “And I was like well if they are writing this article we might as well officially apply.”

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