Trump Pardons Binance Founder, Crypto Markets React
- President Trump pardoned Binance founder Changpeng Zhao on Thursday.
- BNB token rose by approximately 4.7%, reaching $1,115.
- World Liberty Financial (WLFI) increased by over 15%, priced above $0.14.
- A meme coin linked to Zhao surged by around 32% to trade over $0.11.
- Zhao had served four months in prison for money laundering charges before the pardon.
The pardon of Binance founder Changpeng Zhao by President Trump led to notable gains in digital assets linked to both figures, reflecting investor optimism and market response to political developments.
Following the pardon, Ethereum-based World Liberty Financial and other related coins saw significant price increases, indicating a positive market reaction to the news of Zhao’s release and his continued influence in the crypto space. Source
