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Trump Says He Has “No Idea Who He Is” After Pardoning Crypto Billionaire CZ. President Donald Trump claims he doesn’t know who Changpeng Zhao is — despite pardoning the cryptocurrency billionaire just last month. Zhao, known as “CZ”, pleaded guilty to enabling money laundering in 2023 served four months in prison, and stepped down as CEO of Binance, the crypto exchange he co-founded. During a CBS 60 Minutes interview, host Norah O’Donnell pressed Trump on why he granted the pardon given prosecutors had said Zhao’s actions harmed US national security. Trump replied, “Okay, are you ready? I don’t know who he is,” adding he’d only been told Zhao was the victim of a Biden administration “witch hunt.” Zhao’s companies have ties to Trump-linked ventures, including Dominari Holdings, based in Trump Tower. The pardon removes restrictions on Zhao’s business activities, though his regulatory status in the US remains unclear. Trump also reiterated his support for cryptocurrency, saying the US must lead the sector or risk falling behind China.
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