Binance founder Changpeng Zhao, who previously denied reports of seeking a pardon, has now confirmed applying for one from US President Donald Trump.$TRUMP

Zhao, also known as CZ, mentioned on a podcast that his lawyers have submitted the paperwork. This move came after earlier reports suggested his interest in a pardon due to potential business dealings. Zhao cited Trump's pardon of BitMEX founders as motivation for his application. $BNB

Despite his money laundering conviction, a pardon could allow him to resume a role at Binance.US. Zhao, who contributed to a hefty fine paid by Binance, served prison time and stepped down as CEO. He has since taken advisory roles in crypto regulation in Pakistan and Kyrgyzstan, expressing no intention to return as CEO of Binance. $SOL

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