Trump Explains Pardon of Binance Founder CZ Zhao

In a recent interview with CBS News, former President Donald Trump defended his decision to pardon Binance founder Changpeng “CZ” Zhao. Despite issuing the pardon in October following Zhao’s guilty plea for violating the Bank Secrecy Act and serving a four-month prison sentence, Trump stated that he has never met him personally. He explained that the pardon was intended to bolster US competitiveness in the crypto market and ensure its global dominance.