Zhao’s Pardon Is Part of Crypto’s Attempt to Rewrite History
The move by Trump comes as his family works to profit from coins.
Changpeng Zhao, when he was still chief executive officer of Binance, in 2018.
Photographer: Akio Kon/BloombergOne of cryptocurrency’s most prominent figures, Binance’s Changpeng Zhao, was offered legal forgiveness today from President Donald Trump. Bloomberg Businessweek senior reporter Max Chafkin, who co-wrote a cover story on Zhao in 2022, is here to explain his connections to the first family. Plus: Trump’s return brought SPACs back too, and the boxer Floyd Mayweather Jr. is pitching a supplement line.
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