Binance’s CZ Prepares for Second Act as Trump Wipes Slate Clean

Oct. 24, 2025, 5:20 PM UTC

Hours after receiving a pardon from President Donald Trump, Binance Holdings Ltd.’s billionaire co-founder Changpeng Zhao issued a thank-you message mid-flight — and signaled his renewed ambitions for the world’s largest crypto exchange.

“Deeply grateful for today’s pardon and to President Trump for upholding America’s commitment to fairness, innovation, and justice,” Zhao posted on X. “Will do everything we can to help make America the Capital of Crypto and advance web3 worldwide.”

Binance CEO Changpeng Zhao arrives at federal court in Seattle on April 30.
Photographer: David Ryder/Bloomberg

The pardon — almost two years after Zhao pleaded guilty to failing to prevent money laundering and resigned as CEO of Binance — caps ...

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