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The Guardian - US

World

Oliver Milman

Trump says he doesn’t know who crypto tycoon is despite having pardoned him

Changpeng Zhao Donald Trump Joe Biden Crypto Binance

a man in a suit — Changpeng Zhao, the founder of Binance, promised to help make ‘America the Capital of Crypto’ after his pardon by Donald Trump. Photograph: Ellen M Banner/The Seattle Times via AP

Donald Trump has said that he doesn’t know who Changpeng Zhao is despite pardoning the billionaire founder of cryptocurrency exchange Binance in October.

The US president was asked in a 60 Minutes interview that aired on Sunday why he pardoned Zhao, who is also known as “CZ”, for enabling money laundering despite him causing “significant harm to … national security” according to federal prosecutors.

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