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CZ Pledges to Invest $4.3B in the U.S. as “Appreciation” for Controversial Trump Pardon


by Anisha Pandey
for CoinEdition
CZ Pledges to Invest $4.3B in the U.S. as “Appreciation” for Controversial Trump Pardon

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  • Binance founder Changpeng Zhao (CZ) has pledged to reinvest any potential refund from his $4.3 billion DoJ settlement directly into the United States.
  • The statement is a strategic “olive branch” following his controversial presidential pardon from Donald Trump, which had sparked significant political backlash.
  • CZ’s legal team, led by Teresa Goody Guillen, reiterated that CZ’s case was a compliance failure, not corruption, and that similar penalties have been levied on major banks without criminal charges.

Changpeng Zhao (CZ), the founder of Binance, has pledged to reinvest any potential refund from his historic $4.3 billion Department of Justice (DoJ) settlement directly into the United States.

The pledge was made in response to a question from blockchain advisor Aandy Lian regarding how CZ would handle the funds if the DoJ were to return them, a possibility raised…

Read The Full Article CZ Pledges to Invest $4.3B in the U.S. as “Appreciation” for Controversial Trump Pardon On Coin Edition.

Read the article at CoinEdition

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CZ Pledges to Invest $4.3B in the U.S. as “Appreciation” for Controversial Trump Pardon


by Anisha Pandey
for CoinEdition
CZ Pledges to Invest $4.3B in the U.S. as “Appreciation” for Controversial Trump Pardon

Share:

  • Binance founder Changpeng Zhao (CZ) has pledged to reinvest any potential refund from his $4.3 billion DoJ settlement directly into the United States.
  • The statement is a strategic “olive branch” following his controversial presidential pardon from Donald Trump, which had sparked significant political backlash.
  • CZ’s legal team, led by Teresa Goody Guillen, reiterated that CZ’s case was a compliance failure, not corruption, and that similar penalties have been levied on major banks without criminal charges.

Changpeng Zhao (CZ), the founder of Binance, has pledged to reinvest any potential refund from his historic $4.3 billion Department of Justice (DoJ) settlement directly into the United States.

The pledge was made in response to a question from blockchain advisor Aandy Lian regarding how CZ would handle the funds if the DoJ were to return them, a possibility raised…

Read The Full Article CZ Pledges to Invest $4.3B in the U.S. as “Appreciation” for Controversial Trump Pardon On Coin Edition.

Read the article at CoinEdition

In This News

Share:

In This News

Share:

Read More

Bitcoin Price Freefalls Down to $91,0000 and New Lows

Bitcoin Price Freefalls Down to $91,0000 and New Lows

Bitcoin Magazine Bitcoin Price Freefalls Down to $91,0000 and New Lows Bitcoin price...
Trump’s $300M Maldives Resort Goes Blockchain – Investors Can Buy In Before It’s Built

Trump’s $300M Maldives Resort Goes Blockchain – Investors Can Buy In Before It’s Built

Trump has expanded into Maldives luxury real estate through a tokenized resort projec...