CZ called pardon reports false, now he’s applying for one

By: bitcoin ethereum news|2025/05/08 01:45:02

Former Binance CEO Changpeng Zhao has revealed that he is officially angling for a presidential pardon, despite shooting down previous reports of negotiations with the Donald Trump administration. In an interview with Rug Radio this week, Zhao claimed that his lawyers only applied for a pardon application two weeks ago, after Bloomberg and the Wall Street Journal (WSJ) wrote about a potential deal. Zhao said, “I was like, well, if they’re writing this article, I might as well just officially apply, right?” When asked how he would rate Donald Trump’s presidency, he replied, “ I think it’s going great .” Read more: Binance founder CZ made $12B overnight when Donald Trump won The WSJ reported last March that Zhao was pushing the Trump administration for a pardon. However, Zhao claimed the outlet “got the facts wrong,” adding, “No felon would mind a pardon.” Despite this, a lobbying disclosure filed in March reportedly showed Zhao hired a Washington lawyer to advocate for “executive relief.” Lawyers are charging millions to chase pardons Bloomberg reached out to dozens of lawyers and “pardon hopefuls” and discovered that the legal costs to get a pardon case to the White House can reach well above $1 million . It also reported that the pardon process under Trump has been drastically shortened from a process that would take years and involve FBI vetting to one that now only takes months. Bitcoin Cash founder Roger Ver and Sam Bankman-Fried (SBF), the man behind FTX’s billion-dollar collapse, are also pursuing pardons from Trump. Lawyers speaking to Bloomberg estimate it would cost over $1 million for SBF’s parent to pursue a pardon for their disgraced son. As for Ver, he paid Roger Stone, a trump ally and vocal advocate for pardoning Ross Ulbricht, $600,000 to lobby for him. Got a tip? Send us an email securely via Protos Leaks . For more informed news, follow us on X , Bluesky , and Google News , or subscribe to our YouTube channel. Source: https://protos.com/cz-called-pardon-reports-false-now-hes-applying-for-one/

The widespread adoption of on-chain financial applications still faces an invisible barrier: the lack of transaction order certainty. Under a single leader architecture, nodes can delay, censor, or even front-run user transactions, thus completely distorting the game among market makers, bidders, an...

Founder of Delphi Labs: My observations and feelings about the AI ecosystem in China in two weeks

Delphi Labs co-founded a deep observation of China's AI ecosystem: hardware manufacturing is quietly winning the global war at an astonishing speed, but the software sector is mired in an overvaluation bubble and the homogenization of founders.

AI Seating Chart Released | Rewire News Morning Brief

Musk and Ultraman are not above

Is the era of Embodied AI's "GPT Moment" Approaching? Axis Robotics Announces End of Testing, Set to Launch on Base Chain

Axis's answer is yes - provided that a thorough reshaping of the scale-up production of robotic data is required, and a redefinition of the deployment paradigm in the physical world.

Meta Layoff Explained: On the same day as laying off 700 people, they handed out $90 billion in retention bonuses to executives

The money saved from laying off 700 people is approximately equivalent to Meta's 1.5 days of AI infrastructure spending

Binance Cracks Down on Market Makers, a Long-overdue Trial

True accountability requires regulatory involvement, enforcement agencies, rather than allowing the exchange to act as its own judge.

Wall Street Collective Bearish on 2026, Will the Oil Crisis Trigger a Recession?

「There is no middle ground; the result will definitely be one of two extremes.」

Hollywood's AI Necromancy: Death Is No Longer the End of Labor

Post-Mortem Economics

a16z: DeFi Struggling to Support a True Financial Market

More important than throughput is the determinism and fairness of transaction execution.

Morning News | Bitmine launches institutional Ethereum staking platform MAVAN; Franklin Templeton launches tokenized ETF; Morgan Stanley to issue and sponsor Bitcoin ETF

Overview of Important Market Events on March 25

Kalshi early employees: Whoever controls the traffic controls the market

Robinhood can decide where tens of millions of contracts go with the flip of a switch, while the exchanges do all the hard work but cannot control their own fate.

Tether signs contracts with four major audits, Circle's compliance moat collapses, stock price plummets by 20%

USDT, with a market value of 184 billion dollars, is undergoing its first comprehensive inspection in history.