Changpeng Zhao

Binance founder Changpeng Zhao pleaded guilty in November 2023 to failing to maintain an effective anti-money-laundering program. He received a four-month prison sentence and a $50 million fine in April 2024. Trump signed his pardon on October 21, 2025; the announcement followed on October 23.1–4

Zhao attended World Liberty Financial’s February 2026 Mar-a-Lago forum and discussed expanding Binance.US business, Bloomberg reported on February 23.

In a January 2026 CNBC interview reported by The Block, Zhao said he had never spoken with Trump and denied a connection between the pardon and Trump-linked business transactions.

Binance

Founder; former chief executive1

Cryptocurrency exchange receiving the announced MGX investment.5

Donald Trump

Presidential pardon signed October 21, 20252

Donald Trump retains beneficial interests in a revocable trust and disclosed investment accounts. The records connect ownership, dated trades and public decisions; economic exposure and observed outcomes are separate questions.6–10

Binance.US

Discussed U.S. expansion at World Liberty forum, February 20263

Bloomberg reported on October 15, 2026 that Binance.US sought up to $100 million in financing at an approximately $1 billion valuation. Its sources said World Liberty had been informed of the round but was not participating. Both companies declined comment.11

Documented connections

Binance →Founder; former chief executive1

Donald Trump →Presidential pardon signed October 21, 20252

Binance.US →Discussed U.S. expansion at World Liberty forum, February 20263

Sources and documents
  1. www.justice.gov
  2. www.justice.gov
  3. news.bloomberglaw.com
  4. www.theblock.co
  5. MGX investment in Binance
  6. Donald Trump annual financial disclosure for reporting year 2025
  7. Trump revocable trust Schedule 13D
  8. Donald J. Trump annual disclosure for 2025 · PDF page 869
  9. Donald J. Trump annual disclosure for 2025 · PDF page 389
  10. Donald J. Trump annual disclosure for 2025 · PDF page 634
  11. finance.yahoo.com

AI generated report by Explorvia.com.