⚡️ Breaking News that Reconfigures the Crypto Universe: Presidential Pardon for CZ!

Can you imagine going from being the CEO of the largest cryptocurrency platform in the world to prison, and then... bam, a presidential pardon that wipes it all away? Well, that’s the roller coaster that Changpeng "@CZ " Zhao, the co-founder of Binance, has just experienced.

It's not just news; it's a political-financial earthquake.

What really happened and why is it so relevant?

The Original Problem (and the Record Fine): Let’s remember that CZ pleaded guilty in 2023 for not having effective controls against money laundering (AML) at Binance. It was a tough blow: he stepped down, paid a $50 million fine, and Binance agreed to pay a massive penalty of $4.3 billion. He served a short sentence of 4 months in prison for that charge.

The Closing Act: The Presidential Pardon: President Trump, known for his much more open and pro-crypto stance, has issued a total pardon for CZ. This act not only erases his conviction and restores his civil rights, but it also sends a strong message to the world: "The war against cryptocurrencies in the U.S. is over" (words from the White House).

Political Move or Justice Act? This is where the debate heats up. Some, like certain Democrats, see it as an act of "corruption" and a favor to an industry with recent ties to the Trump sphere. But, for the crypto ecosystem, it is a monumental victory, perceived as the end of regulatory persecution.

The Immediate Market Impact: Cryptocurrencies reacted instantly. BNB, the token of BNBChain, and other assets related to CZ or the Trump family, skyrocketed! It’s a clear "vote of confidence" from the market in a future with fewer restrictions.

Do you think this pardon is a step towards innovation or an act of risky politics?

I’ll read you in the comments👇