On October 23rd, 2025, President Donald Trump pardoned convicted founder of Binance Changpeng Zhao. Janet Yellen, former Treasury Secretary said of CZ and Binance, "Binance turned a blind eye to its legal obligations in the pursuit of profit… Its willful failures allowed money to flow to terrorists, cybercriminals, and child abusers through its platform." When CZ stepped down from Binance, he stated, "I made mistakes, and I must take responsibility.” He paid a $50million dollar fine and spent four months in prison, though he was allowed to keep his stake in Binance.