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Trump pardons convicted Binance founder Changpeng Zhao

https://www.cnbc.com/2025/10/23/trump-pardons-binance-founder-cz-zhao.html
17•koolba•3h ago

Comments

ChrisArchitect•3h ago
https://news.ycombinator.com/item?id=45683152
koolba•3h ago
> Zhao, in November 2023, pleaded guilty in Seattle federal court and agreed to step down as Binance CEO as part of a $4.3 billion settlement by the company with the Department of Justice.

Did he already pay the $4.3 billion? That's a lot of money, even for the federal government.

al_borland•3h ago
From what I can tell, Binance had to pay the $4.3B, while Zhao had to pay $50M.

The status of each isn’t something I can readily find.

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