In brief
- Binance founder Changpeng “CZ” Zhao told Rug Radio that he applied for a pardon from President Trump.
- The former Binance CEO dismissed reports that he attempted to swap Binance.US equity for it.
After completing his four-month prison sentence for money laundering charges last year, Binance founder and former CEO Changpeng “CZ” Zhao said recently that he has begun the application process for a pardon from President Trump.
In an exclusive interview with Farokh Sarmad of Rug Radio, Decrypt’s sister company, Zhao called out false reports about his pardon pleas, dismissing claims that he was attempting to offload Binance.US equity in exchange for a pardon.
“There’s a lot of news articles saying I’m trying to exchange Binance.US equity for a pardon,” Zhao said. “That’s completely not true. I’ve had zero discussions about Binance.US equity with anyone.”
Instead, Zhao said that he’s working with lawyers…
