Former Binance CEO Changpeng “CZ” Zhao has recently been at the center of controversy after a Wall Street Journal report claimed that he was seeking a federal pardon from US President Donald Trump. However, CZ has come out to deny these claims and defend himself against the accusations.

In a post on March 13, CZ stated that he has had no discussions regarding a business deal between the Trump family and Binance.US. He also refuted the claims that he was seeking a presidential pardon from Trump, which could potentially allow him to take on a management role at Binance.

CZ further explained that as a former felon, he would not mind a pardon, especially since he was the only person in US history to be sentenced to prison for a single BSA (Bank Secrecy Act) charge. He believes that the Wall Street Journal article was motivated by an attack on both the President and the crypto industry, and that the remnants of the “war on crypto” from the previous administration are still at work.

The controversy surrounding CZ and his alleged involvement with the Trump family has caused quite a stir in the crypto community. Many have expressed their support for CZ and believe that the accusations are unfounded and politically motivated.

This is not the first time CZ has faced criticism and backlash. As the former CEO of Binance, he has been at the forefront of the crypto industry and has faced numerous challenges and controversies. However, he has always remained resilient and has continued to lead Binance to become one of the largest and most successful cryptocurrency exchanges in the world.

As this is a developing story, more information will be added as it becomes available. In the meantime, CZ and Binance will continue to focus on their mission of making cryptocurrency accessible and mainstream.