Trump Pardons Binance Founder CZ; Markets Rally

President Trump pardoned Binance founder Changpeng “CZ” Zhao, a move the White House confirmed that triggered immediate market reactions. BNB jumped to roughly $1,115 in some reports while World Liberty Financial’s WLFI token and several meme tokens spiked double-digits; Bitcoin and Ethereum also recovered modestly. Sen. Elizabeth Warren condemned the pardon as political corruption, citing reports that Zhao and Binance-backed associates had supported Trump-family crypto projects and lobbied for clemency. Zhao previously pleaded guilty to a money-laundering charge and served prison time; he has denied directly financing the Trump-linked USD1 stablecoin even as outlets reported Binance supplied technical code tied to the token. Industry voices hailed CZ’s return and analysts flagged potential bullish trading opportunities for BNB, though some early reports urged waiting for formal DOJ/White House documentation before acting.