Has Zhao Changpeng really been pardoned by Trump? What does this mean?

On June 25, the cryptocurrency world received another major piece of news

According to multiple reliable sources, Binance founder Zhao Changpeng (CZ) has received approval for a pardon from Trump

There were already signs of this—back in March, The Wall Street Journal reported that Binance was internally discussing investing in a cryptocurrency project related to the Trump family, named World Liberty Financial, one of the goals being to exchange for a pardon for CZ

There were even rumors that the Trump family was considering investing in Binance's U.S. subsidiary

However, at that time, CZ denied these rumors

In May, the situation progressed further: CZ publicly stated that he had formally submitted a pardon application to Trump

We know that, in May, CZ was sentenced to 4 months in prison due to money laundering and violations related to U.S. sanctions, and was only released in September

This is also one of the backgrounds for his stepping down from Binance's management

Now that his sentence has been served and fines paid, a presidential pardon still holds significant meaning

It's important to know that a pardon, while it may not completely erase the conviction, can restore certain important rights, such as re-engaging in business operations—in other words, CZ could potentially return to Binance's core management team!

What ripple effects will this bring to Binance and the entire crypto industry? Will it affect market confidence or even trigger policy games?

These are all worth our continued attention

I will keep following up on this matter, and if you are also interested in regulation, project insider information, and market changes, feel free to follow me, and let's understand the logic and opportunities behind the cryptocurrency world together

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