
U.S. President Donald Trump has pardoned Changpeng Zhao, the convicted founder of the giant Binance cryptocurrency exchange, a White House official said on Thursday, the latest in a series of shows of clemency for crypto executives and other criminals.
In a statement, White House press secretary Karoline Leavitt said Trump had “exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden Administration in






