Binance Founder CZ Seeks Trump Pardon to Clear Name and Rejoin Crypto Industry

Binance founder Changpeng Zhao (CZ) has filed a request for a U.S. presidential pardon, aiming to clear his name under President Donald Trump’s administration. Zhao, who served a four-month prison sentence in 2024 for violating anti-money laundering laws, is betting on Trump’s pro-business policies to facilitate his return to the cryptocurrency industry. The conviction led to a historic $4.3 billion penalty for Binance, marking one of the largest fines in the history of financial regulation. Despite the setback, CZ remains a prominent figure in the crypto world, and his efforts to secure a pardon highlight his determination to re-enter the industry. This move also underscores the growing intersection between cryptocurrency and political influence, as CZ leverages Trump’s business-friendly reputation to potentially overturn his legal challenges. The outcome of this pardon request could have significant implications for Binance and the broader crypto market, as it may set a precedent for how regulatory actions against crypto leaders are addressed in the future.

Binance’s Changpeng Zhao Seeks Trump Pardon, Praises His ‘Business Strategy’

Binance founder Changpeng Zhao (CZ) has filed a request for a U.S. presidential pardon, aiming to clear his name under President Donald Trump’s administration. Zhao, who served a four-month prison sentence in 2024 for violating anti-money laundering laws, is betting on Trump’s pro-business policies to facilitate his return to the cryptocurrency industry.

The conviction led to a historic $4.3 billion penalty for Binance and forced Zhao to step down as CEO. His legal troubles stemmed from weak anti-money laundering controls at the exchange. With crypto regulation evolving under Trump, Zhao’s move signals a potential comeback attempt.

BNB Infinity Emerges as Leading Yield Farming Platform on Binance Smart Chain

BNB Infinity has rapidly established itself as a premier destination for yield farming on the Binance Smart Chain, attracting over 400 BNB in investments. The platform’s automated yield farming engine distributes capital across top DeFi protocols, delivering daily returns between 7.8% and 17% regardless of market conditions.

The protocol’s performance-driven approach eliminates manual trading requirements while optimizing yields every 24 hours. This reliability has positioned BNB Infinity as a preferred choice for investors seeking consistent passive income in the volatile DeFi landscape.

Ethereum, Binance Coin, and Sonic Poised for Breakout as Crypto Market Shows Signs of Revival

The cryptocurrency market appears to be awakening from its slumber, with Ethereum (ETH), Binance Coin (BNB), and Sonic (SONIC) leading the charge. After a prolonged period of stagnation, these layer-1 assets are showing technical signals suggesting imminent breakouts.

Ethereum, the perennial runner-up to Bitcoin in market capitalization, has finally found its footing. While BTC dominated recent price action, ETH’s chart structure now indicates a potential reversal. The second-largest cryptocurrency by market cap has established what technical analysts identify as a clear bottom formation.

Binance Coin continues to demonstrate resilience as the native token of the world’s largest crypto exchange. Meanwhile, Sonic emerges as an intriguing dark horse in the layer-1 race, with its recent price action mirroring early patterns seen in previous bull markets.