"President Trump has pardoned Changpeng Zhao, the convicted founder of the crypto exchange Binance, following months of efforts by Zhao to boost the Trump family's own crypto company. They're not even bothering to hide it well any more. (At least, Tom Homan is accused of stashing the payoff in a paper bag.) Zhao is a perfect exemplar of why the entire crypto culture should be drowned in a lake of Red Bull. He was a thoroughgoing crook."
"Ever ready to assume her duties as cruise director on the S.S. Utter Bullshit, Karoline Leavitt managed to work Joe Biden into her alibi for her boss' egregious grifting. "President Trump exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency," Leavitt said. "In their desire to punish the cryptocurrency industry, the Biden Administration pursued Mr. Zhao despite no allegations of fraud or identifiable victims."
President Trump pardoned Binance founder Changpeng Zhao after months of efforts by Zhao to promote the Trump family's crypto venture. Zhao pleaded guilty to enabling money laundering at Binance, accepted a four-month prison sentence and a $50 million personal penalty, and Binance agreed to a $4 billion fine. The pardon could allow Zhao to retake control of Binance. White House spokeswoman Karoline Leavitt defended the pardon, accusing the Biden administration of waging a war on cryptocurrency and pursuing Zhao without fraud allegations or identifiable victims. Critics characterize Zhao as a thoroughgoing crook and point to alleged payoffs.
Read at www.esquire.com
Unable to calculate read time
Collection
[
|
...
]