Trump Pardons Binance Founder CZ, White House Confirms Pardon Amid Crypto Crackdown Narrative

COINOTAG News reported on Oct 27 that Changpeng Zhao (CZ), founder of Binance, told Caixin on Oct 25 that he had been pardoned by President Trump. The Wall Street Journal, citing sources, said Trump signed the pardon on Oct 22, 2025, Eastern Time, expressing sympathy for Zhao’s ordeal. These developments surface amid a shifting cryptocurrency regulatory backdrop for the sector.

From a market-structure perspective, a credible pardon could recalibrate the risk premium assigned to crypto-related assets and exchange trading, though traders should await official filings for confirmation. White House spokesperson Levitt stated, “President Trump exercised his constitutional power to pardon Mr. CZ,” underscoring the administration’s stance on crypto enforcement and policy clarity.

Investors will monitor corroboration from formal records and any ensuing regulatory signals. In the meantime, the episode highlights the importance of governance, due process, and credible cryptocurrency regulation in shaping risk management and capital allocation within the digital-asset ecosystem.

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