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International Business Times

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Trump Pardons Binance Co-founder Changpeng Zhao: White House

Changpeng Zhao Binance Donald Trump United States Joe Biden the White House

Trump has pardoned Binance co-founder Changpeng Zhao, seen in Lisbon in 2022 (Credit: AFP)

US President Donald Trump has pardoned the convicted Binance co-founder Changpeng Zhao, the White House said Thursday, accusing Trump's predecessor Joe Biden of launching an unnecessary "war" against the industry.

Binance was created in 2017, and swiftly became the world's largest cryptocurrency exchange by volume, turning Zhao into a billionaire.

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