Binance Lobbying Efforts Secure CZ’s Pardon After Months-Long Campaign

Former Binance CEO Changpeng “CZ” Zhao received a presidential pardon from President Donald Trump after engaging in extensive lobbying efforts in Washington. According to Politico, these lobbying maneuvers, which involved high-profile figures and substantial financial investments, ultimately secured his release. Binance hired multiple firms for this effort, spending considerable sums of money on campaigns to influence key officials within the White House and Treasury Department. These actions aimed to secure relief from legal consequences related to violations of US Anti-Money Laundering (AML) laws, as confirmed by the report.