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Leexim CZ Confirms He Has Submitted a Pardon Request to Donald Trump Changpeng Zhao, commonly known as CZ and the founder of cryptocurrency exchange Binance, has confirmed that he submitted a request for a pardon from U.S. President Donald Trump in relation to his money laundering conviction—despite having previously denied the reports. Speaking in a May 6 episode of the Farokh Radio podcast, CZ said he “wouldn’t mind” being pardoned and revealed that his legal team had already submitted the paperwork on his behalf. “I’ve got lawyers applying,” he said, explaining that the decision came after Bloomberg and The Wall Street Journal reported in March that he was seeking a pardon, amid news of a potential business deal between the Trump family and Binance.US. Although CZ denied those reports at the time, he told the podcast: “I figured, if they’re already writing this article, I might as well officially apply.” He also mentioned that Trump’s previous pardon of the three BitMEX co-founders—including Arthur Hayes—inspired him to take the step. According to CZ, the application was filed about two weeks ago. At the time of the reports by Bloomberg and The Wall Street Journal, CZ remarked that “no felon would mind a pardon,” and noted that he is the only person in U.S. history to have served prison time for violating the Bank Secrecy Act. In November 2023, CZ pleaded guilty to a money laundering charge as part of a deal between Binance and U.S. authorities. Under the agreement, Binance paid a $4.3 billion fine, with CZ contributing $50 million and stepping down as CEO. $BTC $ETH $SOL
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$1000PEPE buy time
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🚨 Crypto Market Sentiment Tense as Bitcoin Braces for FOMC ‼️Dont Miss‼️ Bitcoin is consolidating around $94,000 as traders await the Federal Reserve’s decision on interest rates and Jerome Powell’s guidance. Despite a high probability of a rate hold, market volatility is expected, with analysts watching key price levels for breakout or breakdown opportunities. Powell’s tone at the FOMC press conference could trigger significant market movements, with analysts divided on the impact of his remarks. 🌟 Quick Take: Despite the swirling fears, a breakout remains on the table. Bulls could get the green light if Jerome Powell strikes a more dovish tone or hints at cuts later this year. According to BitMEX co-founder and former CEO, Arthur Hayes, the Fed switching to quantitative easing (QE) could see Bitcoin price go parabolic. However, Bitcoin could revisit recent lows in a sharp unwind if the Fed doubles down on hawkishness. Ahead of the Wednesday FOMC meeting, the market is walking a tightrope, and all eyes are on Powell to decide which way it tips. Data shows Bitcoin was trading for $94,474 as of this writing, down by 0.16% in the last 24 hours. $BTC $XRP $SOL
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why unchanged Interest Rate.......... Reason Here👇👇👇 Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid. Inflation remains somewhat elevated. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Uncertainty about the economic outlook has increased further. The Committee is attentive to the risks to both sides of its dual mandate and judges that the risks of higher unemployment and higher inflation have risen. In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent. In considering the extent and timing of additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks. The Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities. The Committee is strongly committed to supporting maximum employment and returning inflation to its 2 percent objective. In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee's goals. The Committee's assessments will take into account a wide range of information, including readings on labor market conditions, inflation pressures and inflation expectations, and financial and international developments $BTC $ETH $BNB
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📊 #Bitcoin HODL Waves show strong hands dominating: 🔹 7–10y+ coins hitting ATH 🔹 Short-term supply shrinking 📉 Liquid BTC is disappearing ⚠️ Structural supply squeeze brewing Feels more like 2016/2020 than 2017/2021 tops. #BTC #OnChain #Crypto #HODL $BTC $ETH $SOL
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