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Analyzing Trump’s pardon of crypto billionaire Changpeng Zhao

October 25, 2025
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President Trump pardoned crypto billionaire Changpeng Zhao this week. The president said the Binance founder was recommended by a lot of people for a pardon. Zhao pleaded guilty to money laundering charges in 2023. He was sentenced the next year and spent four months in jail. Kenneth Vogel, reporter for the New York Times, joins “The Daily Report” to discuss.

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