{"id":177017,"date":"2025-10-24T11:11:21","date_gmt":"2025-10-24T08:11:21","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=177017"},"modified":"2025-10-24T11:14:10","modified_gmt":"2025-10-24T08:14:10","slug":"trump-pardons-binance-founder-changpeng-zhao-markets-react-with-optimism","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/trump-pardons-binance-founder-changpeng-zhao-markets-react-with-optimism\/","title":{"rendered":"Trump Pardons Binance Founder Changpeng Zhao, Markets React With Optimism"},"content":{"rendered":"

U.S. President Donald Trump has granted a full and unconditional pardon<\/strong> to Changpeng Zhao, the founder of Binance and one of the most recognizable figures in the cryptocurrency industry.<\/p>\n

Zhao, widely known as \u201cCZ,\u201d pleaded guilty in 2023 to violations of the U.S. Bank Secrecy Act for failing to maintain an effective anti-money-laundering program at Binance. He served four months in federal custody in 2024 as part of a plea agreement that also saw Binance pay $4.3 billion in fines and settlements to American regulators.<\/p>\n

In a statement released Thursday, the White House said the decision was meant to \u201cend the previous administration\u2019s war on cryptocurrency and foster innovation in financial technology within the United States.\u201d<\/p>\n

Market Reaction<\/h3>\n

Following the pardon of Changpeng Zhao (\u201cCZ\u201d), founder of Binance, the crypto market responded with a notable uptick in sentiment and price action. The exchange\u2019s native token, BNB, recorded a gain of approximately 5-6% within hours of the announcement.<\/p>\n

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$BNB<\/a> ROCKETS to $1,139 after Trump pardons CZ & Coinbase\/Robinhood list the token! Analysts eye $1,350 resistance. Crypto-friendly policies ignite the market. #BNB<\/a> #Trump<\/a> @DonaldTrump<\/a> #Binance<\/a> @binance<\/a> @cz_binance<\/a> #CryptoNews<\/a> #Bullish<\/a> pic.twitter.com\/CuPuVxulte<\/a><\/p>\n

\u2014 CryptoniteUae (@CryptoniteUae) October 24, 2025<\/a><\/p><\/blockquote>\n