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COINOTAG News, citing TheBlock, reported that White House press secretary Caroline Levitt described the potential pardon of CZ as undergoing an “extremely serious” review, underscoring a formal process that involves the Department of Justice and the White House Counsel’s Office. The briefing signals heightened regulatory scrutiny around crypto leadership.
During a CBS News interview, Trump suggested he did not know CZ and described the pardon in political terms; he referenced a 2025 transaction involving Binance‘s ecosystem and a “pay-to-play” allegation, while World Liberty Financial denied involvement.
Industry observers caution that headline-driven sentiment requires caution, with regulatory clarity as the core risk factor. While World Liberty Financial denied involvement, the episode underscores ongoing policy uncertainty around crypto, potentially affecting liquidity, exchange risk, and investor sentiment in the near term.
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