Trump’s Pardon for CZ: A Crypto Farce or Presidential Caprice? 🤑🤡

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Ah, the delightful spectacle of justice! CZ, that paragon of financial rectitude, pleaded guilty to a Bank Secrecy Act violation in 2023, only to be pardoned after a mere four months in the clink and a paltry $50 million fine. Truly, the system works-for some. 🏛️💼

In a recent interview, the indefatigable Pompliano-ever the inquisitor-posed a question so audacious it could only be met with a smirk: “Does the president control a ‘secret Bitcoin wallet’?” He then, with a flourish, suggested Zhao or Binance might have greased said wallet in exchange for the pardon. Goody Guillen, ever the stalwart defender, swooped in to dismiss such nonsense with a wave of her impeccably manicured hand. 🕵️‍♂️💰

Goody Guillen Scoffs at Binance-Trump Collusion Allegations

“We would get that tracked,” she declared, her tone dripping with the sort of confidence reserved for those who know the blockchain’s transparency is both a blessing and a curse. Yes, transactions are public, but alas, they only reveal alphanumeric addresses-hardly a smoking gun. 🕵️‍♀️🔍

Related Reading: CZ Breaks Silence on Pardon Rumors, Denies Any Deal with WLFI | Live Bitcoin News

Binance, it seems, has cultivated a chummy relationship with the Trump family since the president’s reelection last November. Coincidence? Perhaps. But when Zhao, fresh from his four-month sojourn in prison, receives a presidential pardon, one cannot help but raise an eyebrow-or two. 🧐🤝

DL News reports that CZ’s lawyer Teresa Goody Guillen denied any ‘pay-to-play’ arrangement behind President Trump’s October pardon of Changpeng Zhao, telling the Pomp Podcast there was no deal. She also refuted media claims that ties among Binance, World Liberty Financial and the…

– Wu Blockchain (@WuBlockchain)

Zhao’s lawyer, the redoubtable Teresa Goody Guillen, dismissed the speculation with the sort of disdain one reserves for a particularly tedious dinner party guest. “A pile up of a lot of false statements,” she huffed, adding that such an arrangement “would never happen.” One can almost hear the pearls clutched in outrage. 🙄📛

President Trump, ever the statesman, claimed he does not personally know Zhao. However, he was assured the case was politically motivated-advice, he insists, came from the Biden administration. White House Press Secretary Karoline Leavitt chimed in, declaring the pardon a corrective measure against “overreach of the Biden administration’s misjustice.” How very convenient. 🗳️🤥

Democratic Outrage and Binance’s Lobbying Shenanigans

CZ, for his part, professed surprise at the pardon, claiming ignorance of its progress and denying any business ties to the Trump family. He also distanced himself from World Liberty Financial (WLFI), a crypto venture associated with Trump. How quaint. 🧑‍💼🚫

The pardon, naturally, sparked outrage among Democratic lawmakers, including the formidable Senator Elizabeth Warren and Representative Maxine Waters. They alleged a “pay-to-play” scheme involving crypto investments funneled into Trump-related ventures. Partisan divides, it seems, are alive and well. 🦅🦅

Public lobbying filings reveal Binance and CZ spent lavishly in the months leading up to the pardon. A strategic attempt to influence policy? Perish the thought! 💼💸

Zhao’s guilty plea in November 2023 for failing to maintain an effective anti-money laundering program at Binance, his four-month sentence, and subsequent pardon have all come under scrutiny. The saga raises questions about the intersection of politics and cryptocurrency, underscoring the need for transparency and accountability in the digital asset space. But who has time for such trifles? 🌐🔍

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2025-11-16 14:13