{"id":61079,"date":"2025-10-14T03:56:52","date_gmt":"2025-10-14T03:56:52","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/white-house-reportedly-weighs-pardon-for-binance-founder-cz-zhao\/"},"modified":"2025-10-14T03:56:52","modified_gmt":"2025-10-14T03:56:52","slug":"white-house-reportedly-weighs-pardon-for-binance-founder-cz-zhao","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/white-house-reportedly-weighs-pardon-for-binance-founder-cz-zhao\/","title":{"rendered":"White House Reportedly Weighs Pardon for Binance Founder CZ Zhao"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>The White House is reportedly weighing a possible pardon for Changpeng Zhao, the founder and former chief executive of <a href=\"https:\/\/igaming.org\/cryptocurrencies\/binance\/\">Binance<\/a>, according to a report from the New York Post. Supporters of the idea claim that Zhao was caught in the 2023 crypto enforcement wave under the Biden administration and deserves a second look under the new leadership.<\/p>\n<hr\/>\n<p><em><strong>Good to Know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>Zhao pleaded guilty in November 2023 to violating the Bank Secrecy Act.<\/strong><\/em><\/li>\n<li><em><strong>A pardon would remove his felony record and could restore access to regulated markets.<\/strong><\/em><\/li>\n<li><em><strong>Zhao posted on X after the report, writing: \u201cGreat news if true,\u201d followed by four praying-hands emojis.<\/strong><\/em><\/li>\n<\/ul>\n<hr\/>\n<p>Zhao <a href=\"https:\/\/igaming.org\/casino-news\/changpeng-zhao-seeks-apology-and-accepts-responsibilities\/\">admitted<\/a> to one count related to Binance\u2019s failure to maintain proper anti-money laundering controls during his tenure as CEO. He stepped down following the plea agreement and served a <a href=\"https:\/\/igaming.org\/crypto\/changpeng-zhao-out-of-prison-after-four-month-sentence\/\">four-month sentence<\/a> earlier this year.<\/p>\n<p>A presidential pardon would effectively erase the conviction, easing regulatory barriers for Binance\u2019s U.S. operations and potentially improving the exchange\u2019s relationship with state and federal authorities. Industry observers believe it could also signal a shift in Washington\u2019s stance toward digital assets under the new administration.<\/p>\n<p>Despite growing speculation, neither the White House nor Zhao\u2019s attorney Teresa Goody Guillen has issued any comment. Insiders say the debate reflects broader policy discussions about how to handle high-profile crypto cases that originated during the previous administration.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Zhao\u2019s social media post on Friday drew a flood of reactions from crypto traders and supporters, many viewing the possible pardon as symbolic of a changing political tone toward blockchain innovation and financial reform.<\/p>\n<p>Rumors of a potential pardon have circulated since Donald Trump returned to office a year ago, with several reports suggesting that some members of the new administration view Zhao\u2019s prosecution as excessively harsh.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/white-house-reportedly-considering-pardon-for-binance-founder-cz-zhao\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) The White House is reportedly weighing a possible pardon for Changpeng Zhao, the founder and former chief executive of Binance, according to a report from the New York Post. Supporters of the idea claim that Zhao was caught in the 2023 crypto enforcement wave under the [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":30004,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/61079"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=61079"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/61079\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/30004"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=61079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=61079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=61079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}