Former Binance CEO CZ may receive pardon from Trump, speculation increased to 64% on prediction platform, but dropped to 45%. CZ removed “ex-@binance” tag, hinting at possible return. A pardon could allow him to resume managing role at Binance, previously off the table. Trump has pardoned others in crypto space.
CZ previously stated no plans to return as CEO, but later applied for pardon from Trump. He served 4 months in prison in 2024 for money laundering charges. Binance agreed to pay $4.3 billion, Richard Teng now CEO. Lawmakers scrutinize Binance, concerned about compliance monitoring and potential deal alterations.
Democratic senators raise concerns about Trump’s financial ties to Binance and potential deal alterations. Senator Warren questions CZ’s financial ties to Trump family amid pardon speculation. Trump has not publicly commented on any deal. Binance deal still under scrutiny from lawmakers.
Read more at Cointelegraph: Polymarket Odds on CZ presidential pardon surge after X profile change
