Changpeng Zhao, known as "CZ", confirmed that he has requested a presidential pardon from Donald Trump. "We have submitted our request." The founder of Binance, Changpeng Zhao (CZ), was sentenced to 4 months in prison in April 2024 after pleading guilty to failing to maintain an "effective anti-money laundering program." Although CZ was released last September, he remains marked by this conviction and has confirmed that he submitted a request for a presidential pardon to Donald Trump.
Key points of this article:
The founder of Binance, Changpeng Zhao, has officially submitted a request for a presidential pardon to Donald Trump following his conviction for failing to maintain an effective anti-money laundering program.
CZ has confirmed that he does not wish to become CEO of Binance again, although he is the main shareholder, and has made bold predictions about the future value of Bitcoin.