Donald Trump has pardoned Binance founder Changpeng Zhao.

[molly0xfff@hachyderm.io]

Donald Trump has pardoned Binance founder Changpeng Zhao. Binance has been a major supporter of Trump's crypto projects, and Trump has already made millions after Binance accepted a $2 billion investment from an Emirati fund denominated in the Trump family's USD1 stablecoin.

One of the people CZ hired to lobby for the pardon is Teresa Goody Guillén, a lawyer who has simultaneously represented the Trump World Liberty Financial project. She's also lobbied on behalf of Binance on crypto-related topics.

https://www.wsj.com/finance/currencies/trump-pardons-convicted-binance-founder-7509bd63

#crypto #cryptocurrency #USpol #USpolitics

[meaningfulbits@mastodon.social]

@molly0xfff Diddy is next. He's building a ballroom for the release party.

Was Changpeng in jail? I thought he was a Chinese national who was recalled after serving like 4 months in the slammer.

[dhla@hachyderm.io]

@molly0xfff somehow, however corrupt I expect this to be, it’s always 2-3 levels worse/more out in the open.

[molly0xfff@hachyderm.io]

@MeaningfulBits he served four months and was released about a year ago. he lives in the UAE

[meaningfulbits@mastodon.social]

@molly0xfff so what was the pardon for? Can he visit the states now? Is it allowed to run a US business?

[drangnon@hachyderm.io]

@molly0xfff ngl this is extremely upsetting

[molly0xfff@hachyderm.io]

@MeaningfulBits it will ease things for Binance establishing more of a US presence, and for the Trumps in doing business with them. it could also potentially help CZ return as CEO to Binance