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After Trump Pardon, Binance’s CZ Denies Any Ties to Trump Family

His televised denial follows reporting that Binance pursued a World Liberty Financial deal to seek clemency.

Overview

  • Changpeng "CZ" Zhao said on Fox News he was "a little bit surprised" by the October pardon and noted his lawyers filed a petition in April without updates on its progress.
  • Zhao rejected The Wall Street Journal’s account of talks involving World Liberty Financial, calling it "categorically false," as the outlet said it stands by its reporting.
  • He said he has never met or spoken with President Trump and recalled meeting Eric Trump once at a Bitcoin conference in Abu Dhabi.
  • The White House framed the pardon as ending what it called the prior administration’s war on crypto, while Trump said he does not know Zhao and labeled the prosecution a Biden witch hunt.
  • Zhao previously pleaded guilty in 2023 to Bank Secrecy Act violations, served a four‑month prison term, and Binance agreed to pay about $4.3 billion to U.S. authorities.