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Trump Pardons Binance Founder Zhao after Conviction for Money Laundering

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US President, Donald Trump, has pardoned Binance founder Changpeng Zhao, the billionaire who built the world’s largest cryptocurrency exchange and later served prison time for compliance failures linked to money laundering and illicit activity.

The decision ends a months-long push by Zhao, known widely in the crypto world as “CZ”, to clear his record. The Binance founder has long been seen as one of the most influential figures in the digital asset space and a key supporter of the Trump family’s crypto ventures.

“Deeply grateful for today’s pardon and to President Trump for upholding America’s commitment to fairness, innovation, and justice,” Zhao wrote on social media on Thursday.

The case against Zhao

Zhao served a four-month sentence for violating the Bank Secrecy Act, becoming the first person ever jailed under the law, which requires financial institutions to verify customers’ identities and report suspicious transactions.

Prosecutors said Zhao’s violations were unprecedented, accusing Binance of facilitating more than 1.5 million illegal crypto trades worth nearly $900 million. Those transactions allegedly included dealings with sanctioned groups such as Hamas’ al-Qassam Brigades, al-Qaida, and Iran.

Judge Richard Jones, who oversaw the case, said Zhao’s refusal to comply with US banking rules allowed Binance’s explosive growth. Prosecutors cited Zhao telling employees, Better to ask for forgiveness than permission, when referring to the company’s approach to regulation.

“I failed here,” Zhao told the court during sentencing. “I deeply regret my failure, and I am sorry.”

Zhao’s rise is one of tech’s most striking rags-to-riches stories.

Born in rural China, he immigrated to Canada with his family after the 1989 Tiananmen Square crackdown. As a teen, he worked at McDonald’s before turning to tech in college.

He launched Binance in 2017, and within a few years, it had become a global powerhouse in digital finance.

White House defends pardon

White House Press Secretary Karoline Leavitt confirmed the pardon, saying the counsel’s office had thoroughly reviewed the request.

She accused the previous Biden administration of pursuing “an egregious oversentencing” and adopting a very hostile stance toward the crypto industry.

“President Trump wants to correct this overreach,” Leavitt said, drawing a clear contrast between the two administrations’ approaches to digital finance.

Trump’s move continues his pattern of using presidential clemency to aid political allies, public figures, and others convicted of controversial crimes.

Since taking office, the Trump administration has dropped several enforcement actions against crypto firms initiated under Biden and even dissolved a Justice Department unit focused on crypto-related crimes.

Trump and his sons have also embraced crypto. Their venture, World Liberty Financial, launched a dollar-backed stablecoin that gained early traction after an Abu Dhabi investment fund used $2 billion worth of the token to buy a stake in Binance.

Following news of Zhao’s pardon, the value of another Trump-linked token, World Liberty Finance’s secondary coin, surged sharply, outperforming every major cryptocurrency on Thursday, according to CoinMarketCap.

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Operation Epic Fury: I’m No Longer Interested in Nobel Peace Prize, Says Trump

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Trump, on Friday said that he is no longer “interested” in winning the Nobel Peace Prize, claiming he had “no idea” whether Operation Epic Fury would “get him over the finish line” with committee members in Oslo, Norway.

“I’m not interested in it,” Trump said in a phone call with the Washington Examiner, a conservative news publication.

Asked whether the subject had been broached in his recent conversations with foreign leaders, Trump said: “No, I don’t talk about the Nobel Prize.”

Trump frequently opined on his desire for the prize in the past. The winner of the 2025 prize, Venezuela opposition leader María Corina Machado, handed her prize to Trump in January in a meeting at the White House, a move the Nobel committee criticized.

Trump was clamoring for the Nobel as recently as January. In a social media post, he took credit for “single-handedly” ending eight wars — and yet “Norway, a NATO Member, foolishly chose not to give me the Noble Peace Prize.”

“But that doesn’t matter! What does matter is that I saved Millions of Lives,” he wrote on his Truth Social platform.

Source: nbcnews.com

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US Group Appeals to Trump to Help Halt Christian Genocide in Nigeria

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A strong and passionate appeal has been made to US President, Donald Trump, and the international community, to take immediate and conclusive actions, in collaboration with the Nigerian government, to halt the upsurge of genocidal killings and maiming, being carried out by extreme Islamist terrorists and other insurgents, in the country, particularly its northern region.

The ‘Save Our Souls’ (SOS) message was contained in a statement from the Save Nigeria Group (SNGUSA), a civil society body based in the USA, endorsed by Stephen Osemwegie and Victor O. Ben, its President/Founder and respectively.

The statement was against the backdrop of renewed killings and kidnapping by the armed militants in the northern Nigeria’s Middle Belt, including on Sunday, January 18, 2026, where innocent Christians were attacked in Kajulu, Kaduna State, resulting in the abduction of over 177 worshippers, during Sunday worships.

While expressing the group’s profound gratitude to President Trump, for his pivotal leadership and empowering the 2025 Christmas Day’s fatal airstrikes against the ISIS and Lakurawa camps in Sokoto, which it said was a powerful message to terrorists and that it brought hope to persecuted communities across Nigeria, the statement asserted that the recent brutal attacks in Kaduna and others indicated that the job was not finished.

(SNGUSA), the US-based not-for-profit, which collaborates in its activities with the Save Nigeria Initiated (SNI), a coalition based in Nigeria, also called on religious groups, traditional rulers and the civil society leaders to synergise, in order to halt the massacres and insecurity, and prevail on the United Nations’ Secretary General and others global bodies, to urgently intervene in Nigeria’s worsening insecurity and humanitarian crisis.

The massive kidnap of Christian worshippers in Kajulu, Kaduna, which was initially denied by the Nigerian police, but later confirmed by it, had been condemned across the world, hence the appeal by SNGUSA.

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US’ll Take Greenland by Any Possible Means, Trump Vows

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President Donald Trump vowed on Sunday that the United States would take Greenland “one way or the other,” warning that Russia and China would “take over” if Washington fails to act.

Trump says controlling the mineral-rich Danish territory is crucial for US national security given increased Russian and Chinese military activity in the Arctic.

“If we don’t take Greenland, Russia or China will, and I’m not letting that happen,” Trump told reporters aboard Air Force One, despite neither country laying claim to the vast island.

Trump said he would be open to making a deal with the Danish self-governing territory “but one way or the other, we’re going to have Greenland.”

Denmark and other European allies have voiced shock at Trump’s threats over the island, which plays a strategic role between North America and the Arctic, and where the United States has had a military base since World War II.

A Danish colony until 1953, Greenland gained home rule 26 years later and is contemplating eventually loosening its ties with Denmark.

The vast majority of its population and political parties have said they do not want to be under US control and insist Greenlanders must decide their own future — a viewpoint continuously challenged by Trump.

“Greenland should make the deal, because Greenland does not want to see Russia or China take over,” Trump warned, as he mocked its defenses.

“You know what their defense is, two dog sleds,” he said, while Russia and China have “destroyers and submarines all over the place.”

Denmark’s prime minister warned last week that any US move to take Greenland by force would destroy 80 years of transatlantic security links.

Trump waved off the comment saying: “If it affects NATO, it affects NATO. But you know, (Greenland) need us much more than we need them.”

AFP

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