U.S. President Trump’s October 22 pardon of Binance founder CZ has drawn scrutiny, with CZ’s lawyer denying bribery allegations and criticizing regulatory actions after FTX’s collapse.
On October 22, U.S. President Donald Trump granted a formal pardon to Binance founder Changpeng Zhao for accusations of failing to maintain anti-money-laundering compliance. CZ’s attorney, Teresa Goody Guillén, outlined the official pardon process, firmly denied bribery claims, and argued that regulatory targeting intensified following the collapse of FTX. The case has fueled political debate amid heightened scrutiny of cryptocurrency regulation.