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President Trump pardons Binance founder CZ In a statement, White House press secretary Karoline Leavitt said Trump had “exercised his constitutional authority by issuing a pardon for Mr. Zhao, "who was prosecuted by the Biden Administration in their war on cryptocurrency." In May, CZ stated on a podcast that he had applied for a pardon from President Trump following his release from prison the previous year. In September that Binance CEO Richard Teng said that although CZ is the crypto exchange's largest shareholder, his plea agreement with the U.S. government included a lifetime ban. BNB price reacted by jumping 5% on this news. Meanwhile, 4 price jumped by 13%. • Current $BNB price: $1,125 • Current FDV: $163B 🔗reuters.com/world/us/trump-pardons-convicted-binance-founder-zhao-white-house-says-2025-10-23 Follow us to be on top of crypto: TG | Chat | X