Trump reportedly approved the pardon of coin founder Zhao Changpeng, is CZ expected to return to lead Binance?

According to the latest report from BlockBeats, U.S. President Trump has approved the pardon application of Binance founder Zhao Changpeng (CZ), and CZ may have the opportunity to restore some of his rights. (Background: Whale Turns Shrimp? James Wynn Opens BTC Long Order but Worth Less than $20,000, Supports CZ to Promote Dark Pool DEX: Can Beat Hyperliquid) (Background: Please Call CZ Big Brother in the Future! Thanks for “This Nickname is Very Honored” Secretly Furious at the New York Times) According to BlockBeats, the latest news from a longer source indicates that U.S. President Trump has approved the pardon application for Binance founder Zhao Changpeng (CZ). According to BlockBeats, although CZ has served a prison sentence and paid a huge fine, according to relevant U.S. laws, a presidential pardon may not completely eliminate the charges, but it may restore some rights, such as the possibility of allowing Zhao Changpeng to return to the management of Binance. However, there is currently no official statement from Binance, CZ, or the White House, and further confirmation is awaited. CZ’s confession protocol at the time: 1. Admit to violating the Bank Secrecy Act (BSA) and Anti-Money Laundering regulations CZ admits to not establishing effective AML procedures at Binance, leading to the platform’s financial violations. 2. Resign as CEO and not participate in any management or operations at Binance CZ resigned as CEO of Binance in November 2023. Current CEO Richard Teng previously stated in an interview that CZ’s departure from Binance was a key condition of the Department of Justice’s settlement protocol, and he was prohibited from holding any leadership position at Binance. However, Richard added that CZ still remains the largest shareholder and retains all shareholder rights, and he has the right to replace and nominate new board members or a new CEO. 3. Do not publicly deny the confession content He promised not to make any public statements through lawyers or personally that contradict the confession. 4. Criminal penalty: 4 months imprisonment + $50 million fine Judge Richard Jones ultimately sentenced CZ to 4 months in prison and a personal payment of $50 million. Related reports: $HYPE Soars to $42, Setting a New All-Time High! Buddy Takes Profit and Earns $6.5 Million, Whale Makes Large Purchase of Hyperliquid Whale Turns Shrimp? James Wynn Opens BTC Long Order but Worth Less than $20,000, Supports CZ to Promote Dark Pool DEX: Can Beat Hyperliquid “Trump Reportedly Approves Pardon for Binance Founder Zhao Changpeng, Will CZ Return to Lead Binance?” This article was first published on BlockTempo, the most influential blockchain news media in the dynamic area.