Trump pardons Binance crypto founder Changpeng Zhao
Digest more
Binance Alpha will list five new tokens—Yei Finance, Enso, Recall, Whitebridge Network, and LAB. CLO and ENSO will launch first, followed by RECALL and WBAI, while LAB joins via Binance Wallet’s 40th exclusive Token Generation Event.
As cryptocurrency continues to move from niche circles into the mainstream, more individuals are exploring digital assets as part of their financial toolkit. While the technology behind crypto has matured over the past decade,
Cryptopolitan on MSN
Binance shells out $283 million after token depegs rock market
Binance paid $283 million to users after a display glitch caused some tokens to appear as if they had dropped to $0 during a major market crash.
Hours after receiving a pardon from President Donald Trump, Binance Holdings Ltd.’s billionaire co-founder Changpeng Zhao issued a thank-you message mid-flight — and signaled his renewed ambitions for the world’s largest crypto exchange.
In April 2024, a U.S. federal judge sentenced Zhao to four months in prison. He served his prison time and went back to Dubai later that year. The crypto community is now wondering if Zhao will return to an active leadership role at Binance.
Cryptopolitan on MSN
Binance-backed ReachMe messaging platform shuts down after weak user traction
A paid texting app called ReachMe, which was part of the BNB Chain, has announced its closure on its website. In addition, all user data has been managed securely as per the privacy policy. Changpeng Zhao (CZ),
Coinbase adds Binance’s BNB token to its roadmap despite delisting BUSD in 2023. BNB has surged 98%, highlighting growing U.S. investor access and interest.
A trader’s deleted Binance accusation post sparks renewed scrutiny over exchange trust and compensation after the October 10 crash.
The crypto industry is speculating if CZ's recent pardon will pave the way for the world's largest crypto exchange to start serving US customers again.
The pardon comes after nearly a year of effort by Zhao and Binance to lobby Trump for clemency and marks a big win for Checkmate Government Relations and its founder Ches McDowell, who was hired by Binance in September.