• White House intensifies discussions on pardoning Changpeng Zhao’s request.
• The former Binance CEO served four months for Bank Secrecy Act violations.
• Trump family crypto business interests complicate pardon deliberations for CZ.

White House discussions about pardoning former Binance CEO Changpeng “CZ” Zhao have intensified, creating internal debate within the Trump administration. Sources indicate the 48-year-old cryptocurrency executive’s request has sparked concerns about political optics.

Zhao served four months in U.S. prison last year following his guilty plea to a single count of violating the Bank Secrecy Act. The charges centered on inadequate anti-money laundering controls during his tenure as Binance’s chief executive.

The former CEO petitioned President Trump for a pardon in May. Recent reports show deliberations inside the White House have accelerate…

Read The Full Article White House Debates Potential Pardon for Former Binance CEO Changpeng Zhao On Coin Edition.

• White House intensifies discussions on pardoning Changpeng Zhao’s request.
• The former Binance CEO served four months for Bank Secrecy Act violations.
• Trump family crypto business interests complicate pardon deliberations for CZ.

White House discussions about pardoning former Binance CEO Changpeng “CZ” Zhao have intensified, creating internal debate within the Trump administration. Sources indicate the 48-year-old cryptocurrency executive’s request has sparked concerns about political optics.

Zhao served four months in U.S. prison last year following his guilty plea to a single count of violating the Bank Secrecy Act. The charges centered on inadequate anti-money laundering controls during his tenure as Binance’s chief executive.

The former CEO petitioned President Trump for a pardon in May. Recent reports show deliberations inside the White House have accelerate…

Read The Full Article White House Debates Potential Pardon for Former Binance CEO Changpeng Zhao On Coin Edition.