Rumors circulating online that Trump approved the pardon of Binance founder Zhao Changpeng have surfaced. CZ's team responded: "This is false."

According to previous media reports, there have been reports that former US President Trump has approved a pardon application for Binance founder Changpeng Zhao (CZ). The report indicates that while a pardon wouldn't completely clear his name, it could potentially restore some of his rights and even pave the way for CZ to return to Binance management.

However, this news has yet to be confirmed by Binance officials, CZ himself, or the White House.

Latest Developments: Regarding this matter, the CZ team has responded to media outlets including Dongqu, clearly stating that the report is false and promising to update the public immediately if any further developments are made.

Background: Changpeng Zhao has previously served a prison sentence and paid a substantial fine for related crimes. Further official confirmation is still needed regarding this matter.