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Reading: CZ known as pardon stories false, now he’s making use of for one
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Michigan Post > Blog > Crypto & Web 3 > CZ known as pardon stories false, now he’s making use of for one
Crypto & Web 3

CZ known as pardon stories false, now he’s making use of for one

By Editorial Board Published May 7, 2025 2 Min Read
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CZ known as pardon stories false, now he’s making use of for one

Former Binance CEO Changpeng Zhao has revealed that he’s formally angling for a presidential pardon, regardless of taking pictures down earlier stories of negotiations with the Donald Trump administration.

In an interview with Rug Radio this week, Zhao claimed that his legal professionals solely utilized for a pardon utility two weeks in the past, after Bloomberg and the Wall Avenue Journal (WSJ) wrote a few potential deal.

Zhao stated, “I was like, well, if they’re writing this article, I might as well just officially apply, right?”

When requested how he would price Donald Trump’s presidency, he replied, “I think it’s going great.”

The WSJ reported final March that Zhao was pushing the Trump administration for a pardon. Nonetheless, Zhao claimed the outlet “got the facts wrong,” including, “No felon would mind a pardon.”

Regardless of this, a lobbying disclosure filed in March reportedly confirmed Zhao employed a Washington lawyer to advocate for “executive relief.” 

Legal professionals are charging thousands and thousands to chase pardons 

Bloomberg reached out to dozens of legal professionals and “pardon hopefuls” and found that the authorized prices to get a pardon case to the White Home can attain effectively above $1 million.

It additionally reported that the pardon course of below Trump has been drastically shortened from a course of that will take years and contain FBI vetting to at least one that now solely takes months.  

Bitcoin Money founder Roger Ver and Sam Bankman-Fried (SBF), the person behind FTX’s billion-dollar collapse, are additionally pursuing pardons from Trump. 

Legal professionals chatting with Bloomberg estimate it might value over $1 million for SBF’s mother or father to pursue a pardon for his or her disgraced son. As for Ver, he paid Roger Stone, a trump ally and vocal advocate for pardoning Ross Ulbricht, $600,000 to foyer for him. 

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