🛑 Zhao Seeks Trump Pardon After $4.3B Binance Conviction Fallout
Zhao seeks Trump’s pardon right now as the founder of Binance continues to deal with the ongoing aftermath of his crypto regulation conviction and also the company’s massive $4.3 billion settlement with US authorities.
At the time of writing, the former CEO has actually confirmed on Farokh Radio that he has indeed applied for presidential clemency, which contradicts his previous denials about seeking such legal relief.
This development has also created quite a bit of concern about legal risks in the cryptocurrency industry and what this might mean for Binance’s future operations.