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Pascale Davies

US President Trump pardons convicted Binance founder Changpeng Zhao

Changpeng Zhao Binance United States Donald Trump CZ Crypto Bitcoin Cryptocurrency the Biden Administration White House

US President Donald Trump has pardoned Changpeng Zhao, the founder of Binance, the world's largest cryptocurrency exchange, a White House official said on Thursday.

White House press secretary Karoline Leavitt said in a statement that Trump had "exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency".

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