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The lawyer for Binance co-founder Changpeng Zhao (CZ) denied allegations that his pardon from US President Donald Trump was a part of a ”pay-for-play” deal.
Throughout an look on Anthony Pompliano’s “Pomp Podcast,” Teresa Goody Guillén stated the criticism round her shopper’s pardon is a “pile up of a number of false statements.”
She stated the request adopted the usual authorities evaluation course of, passing by the Justice Division’s pardon legal professional and the White Home Counsel’s Workplace earlier than reaching Trump’s desk.
Democratic lawmakers, together with Senator Elizabeth Warren, have alleged that Zhao’s pardon was politically motivated and tied to Binance’s assist for the Trump household’s World Liberty Monetary. Guillén rejected these claims, saying there was no proof WLFI was Trump’s firm.
“Individuals are making these assumptions that simply present a basic misunderstanding of how both enterprise works or how blockchain works,” she stated. “It’s important to write up the justification, after which a wide range of individuals look by it.”
WLFI Not Actually Trump’s Mission
CZ’s private lawyer stated that she has not “seen something” that reveals her that WLFI is certainly Trump’s firm.
And whereas Binance has listed the undertaking’s governance token and its USD1 stablecoin, Guillén famous that many different main platforms have additionally listed them.
WLFI markets (Supply: CoinMarketCap)
CZ Pardon Was Justice, Lawyer Says
CZ was sentenced to 4 months in jail in 2024 for violating the US Financial institution Secrecy Act when he didn’t implement correct Anti-Cash Laundering (AML) and Know Your Buyer (KYC) controls at Binance. As a part of a plea deal, he needed to step down from his function on the time because the alternate’s CEO along with the jail sentence.
Trump pardoned him in October, saying the Binance co-founder was locked away for one thing that “wasn’t a criminal offense” throughout the former Joe Biden administration’s “witch hunt” on crypto.
Guillén stated her shopper was “pardoned for justice” as a result of he was a scapegoat for the Biden administration’s struggle on crypto.
“I believe it was a part of the struggle on crypto, and at that time, this was shut after the FTX collapse and I believe that the struggle in crypto needed to go towards anyone, and so they needed to prosecute anyone and actually persecute somebody,” she stated, including that Binance and CZ had been focused.
She additionally stated that there have been previous cases the place CEOs of main conventional finance establishments have been discovered responsible of the identical prices as her shopper, however didn’t serve jail time.
In CZ’s case, Guillén stated that there was no fraud and no victims. There was no legal historical past both, she stated, including that jail sentences for the crimes CZ was discovered responsible of are an anomaly.
CZ Says Any Refund Of $4.3 Billion Tremendous Will Be Invested In The US
Binance’s settlement settlement with regulators additionally included a $4.3 billion wonderful, one of many largest in crypto’s historical past.
On X, one person requested CZ whether or not Binance will likely be refunded the $4.3 billion following the pardon. CZ stated this was a “delicate query.”
ah, delicate query.
1. I admire the pardon already. There’s a stability in asking for extra vs “what’s honest” vs admire what you bought already.
2. IF we get any refund, we will likely be investing that in America anyway, to indicate our appreciation.
Have not requested but, I believe🙏
— CZ 🔶 BNB (@cz_binance) November 17, 2025
He stated he appreciates the pardon, and that there’s a stability in the case of “asking for extra vs ‘what’s honest’ vs admire what you bought already.”
“IF we get any refund, we will likely be investing that in America anyway, to indicate our appreciation,” CZ added.
He stated he doesn’t suppose Binance or his authorized group have submitted a request for a refund but.
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