๐บ๐ธ ๐ก๐ข, ๐ง๐ฅ๐จ๐ ๐ฃ ๐๐๐ ๐ก๐ข๐ง ๐ฃ๐๐ฅ๐๐ข๐ก ๐๐๐ก๐๐ก๐๐'๐ฆ ๐๐ญ
Rumors shut down as CZ & Yi He call out โFake Newsโ from Chinese media
๐จ What happened?
Rumors exploded on Chinese crypto social channels claiming former U.S. President Donald Trump had pardoned Binance founder Changpeng Zhao (CZ).
๐ But thereโs no pardon โ and CZ himself stepped in to call it fake.
๐งต Hereโs the full story:
โ CZ posted on X, calling the pardon claim โFake News #4โ, and blamed it on a Chinese competitor trying to stir FUD.
โ The original article (allegedly by BlockBeats) has now been deleted after Binance reached out.
โ Binance co-founder Yi He also confirmed to Odaily that no Trump pardon was granted.
๐ The U.S. DOJโs official pardon list shows zero entries for CZ at this time.
โ๏ธ CZ DID apply for a pardon โ but hasnโt received one
๐ Back in April, CZโs legal team formally submitted a pardon request to Trump.
๐ CZ mentioned this himself on a podcast after Bloomberg and WSJ reported on the move.
๐ So far, no updates or approvals have been confirmed.
๐ Context: CZ served 4 months in U.S. prison after Binance settled a $4.3 billion fine. He also paid a $50 million personal penalty.
๐ช BNB Pumps Briefly โ TRUMP Token Falls
๐ BNB surged to $650 after the rumor spread, but quickly cooled back to around $644.2.
๐ Meanwhile, the OFFICIAL TRUMP token dropped 2% today, now trading at $9.12.
Despite a 30% dip in 30 days, TRUMP token is still +655% YTD.
๐ Final Take:
There is no Trump pardon for CZ โ at least not yet.
Rumors from unverified sources should always be cross-checked before moving markets.
BNB traders may want to stay cautious on speculation-based pumps.