Addressing Trump’s Claims About the Pardon of Binance Founder
Facts And Fact Checking,Pardons,Donald Trump,Binance
From the Left
AllSides Media Bias Rating: Lean Left
In defending his Oct. 23 pardon of Binance founder Changpeng Zhao, President Donald Trump claimed that Zhao was the victim of a Biden administration “witch hunt.” The billionaire executive known as “CZ” pleaded guilty to allowing money-laundering through his cryptocurrency company. He was fined $50 million and served a four-month sentence in a low-security prison and halfway house.
Trump’s comments came during a Nov. 2 interview on CBS News’ “60 Minutes.” Trump said, “I don’t know who he is” and “I know nothing about the guy,” though Zhao’s company assisted in business dealings that benefit World Liberty Financial, the crypto venture run by Trump’s sons, Eric and Donald Jr.
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