Former Binance CEO Changpeng Zhao looks forward to a pardon from U.S. President, supports Donald Trump's cryptocurrency vision
Changpeng Zhao, the former CEO of Binance, is hoping for a pardon from U.S. President Donald Trump, who has expressed support for cryptocurrency during his campaign. Zhao stated that he would welcome a pardon but does not wish to return to the CEO position at Binance, in line with the plea deal he previously signed.
In the wake of Trump's victory, many leaders and investors in the cryptocurrency industry, such as Charles Hoskinson and John Lilic, are calling on the President to grant a pardon for Zhao, arguing that his role in the industry is crucial and he has been unfairly targeted.
It is also predicted that Trump’s potential granting of this pardon would reinforce his pro-cryptocurrency stance, while many analysts and commentators believe that political support will bring significant benefits to the cryptocurrency industry in the future. However, all of this remains speculation at this point, and only time will tell whether this action will be taken.