Former Binance CEO Seeks Pardon from President-elect Donald Trump
Former Binance CEO Changpeng Zhao has expressed his desire to receive a pardon from President-elect Donald Trump. Despite not planning to return to his role at Binance, Zhao indicated that he would welcome a pardon from the President.
Support for Pro-Crypto Initiatives
Zhao also mentioned his willingness to support Trump’s pro-crypto initiatives, even though he is not a US citizen. This shows his commitment to the growth and development of the cryptocurrency sector.
Public Appeal for Pardon
John Lilic, a leader within the Telos protocol, publicly appealed to President-elect Trump to pardon Changpeng Zhao. Lilic believes that restoring Zhao’s leadership at Binance could accelerate the growth and maturity of the crypto industry.
Industry Support
Industry leaders, including Cardano founder Charles Hoskinson, have voiced their support for Zhao’s pardon. This indicates the widespread belief in the positive impact Zhao could have on the crypto sector if pardoned.
Focus on Blockchain Development
Since stepping down as Binance CEO in 2023, Zhao has shifted his focus to blockchain development, AI investments, and his educational initiative, Giggle Academy. This demonstrates his commitment to advancing technology and education in the crypto space.
Potential Pardon from Trump
Observers speculate that President-elect Trump, known for his pro-crypto stance, may consider pardoning Zhao. However, no official statement has been made yet regarding this matter.
Previous Cases
Trump previously expressed support for commuting the sentence of Ross Ulbricht, the founder of the Silk Road marketplace. This case remains controversial in the crypto community, with many arguing that Ulbricht’s sentence was too harsh.
