Seven Democratic senators have called on the Attorney General to explain President Trump’s pardon of Binance co-founder Changpeng Zhao, citing admitted legal violations and alleged financial links.
Seven U.S. Democratic senators have sent a public letter to the Attorney General requesting an explanation for President Donald Trump’s pardon of Binance co-founder Changpeng Zhao. They claim Trump has financial ties to Binance and highlight Zhao’s admission of violating the Bank Secrecy Act. The senators expressed concern that the pardon could weaken enforcement of financial crime laws and sought clarity on the decision’s justification.