😱A Shocking Turnaround! CZ Asks Trump for Pardon, Binance Empire Causes Waves Again?🚨💥

Binance founder Changpeng Zhao (CZ) applied for a presidential pardon from Trump after being released from prison, shaking the crypto world!

Pardon Application Sparks Debate

CZ revealed on the Faroque Radio podcast on Tuesday that he submitted a pardon request through his lawyer two weeks ago, responding to Bloomberg and The Wall Street Journal reports in March that he was negotiating a pardon with the Trump family's crypto business. CZ denied the rumors at that time but did not rule out the possibility of a pardon, stating that the reports prompted him to make a formal application.

CZ's Past and Future

In 2023, CZ pleaded guilty to violating the Bank Secrecy Act and will serve four months in prison starting in April 2024, with a personal fine of $50 million, and Binance paying a historic $4.3 billion settlement. After his release, CZ made it clear he has no intention of resuming the role of Binance CEO, remaining the largest shareholder.

Pardon Craze for Trump

After Trump's return to the White House, pardoning crypto tycoons frequently made headlines: in January, he pardoned Ross Ulbricht, the founder of Silk Road, and in March, he pardoned the three founders of BitMEX. If CZ's pardon goes through, what changes will Binance and the crypto market face?