‘I Don’t Know Who He Is’: Trump’s Binance Pardon Explodes Into Washington Firestorm — What It Means for Crypto, COIN, and BNB Prices
Key facts (updated Nov. 5, 2025) What happened — and what the president said On Oct. 23, the White House announced a pardon for Binance founder Changpeng “CZ” Zhao, who pleaded guilty in 2023 to failing to maintain an effective anti‑money‑laundering program and served four months in prison. Press Secretary Karoline Leavitt called it part of ending the prior administration’s “war on cryptocurrency.” Zhao, for his part, said he was “deeply grateful” and pledged to help make the U.S. the “Capital of Crypto.” Reuters Two weeks later, in a Nov. 3 interview with CBS News, Trump downplayed any personal connection