CoinVoice has recently learned that, according to a report by Cointelegraph, Binance founder Zhao Changpeng confirmed in a recent podcast that his legal team has submitted a pardon application on his behalf to former U.S. President Trump. Previously, Bloomberg and The Wall Street Journal had reported that Zhao Changpeng was seeking a pardon, but he had denied it at the time. Zhao Changpeng stated that part of the reason for applying for a pardon was inspired by Trump's previous pardoning of the founders of BitMEX.

In November last year, Zhao Changpeng pleaded guilty to violating the Bank Secrecy Act, paying a $50 million fine and was sentenced to 4 months in prison. According to the U.S. Department of Justice, even if pardoned, it would not eliminate his money laundering charges, but it might allow him to resume a management position at Binance.US. [Original link]