The White House has ramped up talks for a possible pardon of the high profile crypto tycoon Changpeng “CZ” Zhao – sparking a fierce debate inside the administration about optics as Trump’s family cuts a flurry of crypto deals, The Post has learned.
The 48-year-old founder of the giant crypto exchange Binance – who spent four months in US prison last year – said in May he petitioned President Trump for a pardon of his guilty plea over a single count of violating the Bank Secrecy Act and failing to maintain proper anti-money laundering controls when he was Binance’s CEO.
On Friday, this reporter broke the news on X that discussions inside the White House have recently heated up on the possibility of a Trump pardon, which could set the stage for CZ’s return to Binance, since he remains the company’s largest shareholder.
