White House Mulls Pardon for CZ as Binance and Trump Crypto Ties Spark Political Backlash
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According to New York Post columnist Charles Gasparino, the White House has intensified negotiations and may issue a pardon for CZ, with sources noting that recent cryptocurrency activity involving the Trump family has prompted heightened scrutiny over regulatory and reputational considerations.
People close to the matter indicate the underlying case could be viewed as tenuous, weighing on potential felony exposure and litigation risk, while the executive clemency discussion factors in CZ’s status as a major Binance shareholder and possible market implications. Officials remain sensitive to public optics given the president’s business interests; a final decision described as coming “soon” may still encounter procedural timelines.
