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Chronicles

The story behind the story

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A look at Changpeng Zhao's efforts to get a pardon from Trump for his money-laundering charges, including via lobbying and a business deal with the Trump family

A sophisticated operation is pushing President Trump to forgive Changpeng Zhao, which would boost the chances for his company, Binance, to break into the U.S. market.

New York Times

Discussion

  • @paulwaldman Paul Waldman on bluesky
    This is an interesting report on all the things crypto king Changpeng Zhao is doing to get a pardon, but it's kind of silly because everyone knows it's just a question of how big a bribe he's willing to give Trump.  Not complicated!  —  www.nytimes.com/2025/08/09/u...
  • @kenvogel Kenneth P. Vogel on x
    NEW: Trump's team appears to be considering pardoning @cz_binance. He pleaded guilty in 2023 to money laundering violations that allowed terrorist groups to move $. Since then, @binance has done a $2B deal that benefited Trump's crypto firm. A pardon could allow more US deals. [i…
  • @derekcressman Derek Cressman on x
    This is how Trump's going to pay for his $200 million gilded vanity ball room at the White House.