Was CZ’s Pardon Bought? His Lawyer Says Media Got It Wrong

Changpeng “CZ” Zhao’s attorney Teresa Goody Guillén is pushing back against mounting allegations of corruption surrounding the former Binance CEO’s presidential pardon, calling media reports about pay-to-play arrangements “ false statements ” built on “ fundamental misunderstandings ” of blockchain technology and business operations. The pardon, granted by President Donald Trump in October following CZ’s guilty plea to anti-money laundering violations, has triggered fierce political backlash from Democratic lawmakers who claim financial ties between Binance and Trump’s family crypto venture influenced the decision. CZ Never Should Have Been Prosecuted, Lawyer Argues Guillén defended the pardon during a recent Pomp Podcast interview , asserting CZ faced unprecedented treatment compared to executives at traditional financial institutions charged with similar compliance failures. She emphasized that no other CEO has been prosecuted for these specific violations despite major banks facing identical or more serious charges. “ He was pardoned because he never should have...

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