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Trump Pardons Crypto Tycoon: What the Hell is Going On?

Blockchain related 2025-11-04 09:54 9 Tronvault

Generated Title: Trump's "I Don't Know Him" Defense? Please, Spare Me.

Okay, so Trump pardons crypto guy Changpeng Zhao – CZ, whatever – who pleaded guilty to, you know, enabling money laundering. Significant harm to national security, according to prosecutors. And then, when asked about it on 60 Minutes, Trump pulls the "I don't know him" card? Give me a break.

The Amnesia Act

"I don't know who he is," Trump says. Right. Just like he doesn't know anything about the hush money payments, or January 6th, or... well, you get the picture. It's his go-to move. Deny, deny, deny. Even when there are partnerships with firms linked to Trump, his sons sitting on boards... I mean, c'mon.

It's like claiming you don't know your own reflection. We're supposed to believe he just blindly signed a pardon for some random dude without so much as a Google search? And the White House Press Secretary Karoline Leavitt calling the prosecution a "war on cryptocurrency"... That's the best they've got? Is that what passes for strategy these days?

He even throws in the "witch hunt" line, blaming Biden. As if that explains anything. It's political theater at its worst, and frankly, I'm tired of being in the audience.

And before you come at me with "But Nate, maybe he really doesn't know him!"... Let's be real. The man's a billionaire. He knows who's donating to his campaigns, who's got connections, who's who in the zoo. He might not remember every single name, but "no idea who he is"? That's insulting.

Crypto Cronies and Convenient Pardons

This isn't even the first time Trump's dipped his toes in the crypto swamp. Remember Justin Sun? The fraud case against him got halted after investments in the Trump family's crypto firm. And then there were the BitMEX founders, also pardoned. It's a pattern, people. A greasy, grimy pattern.

Trump Pardons Crypto Tycoon: What the Hell is Going On?

It makes you wonder. What's the play here? Is he really trying to be some kind of crypto champion? Or is it just another way to line his pockets with digital gold? I mean, the guy's always been about branding, and now it seems he's trying to rebrand himself as the Crypto President. The former Crypto President.

Offcourse, he also said the US had to be a leader in crypto, or China would gain an advantage. Now that, I actually agree with. But does that justify pardoning someone who, according to the government, posed a threat to national security? I don't think so.

Then again, maybe I'm being too cynical. Maybe Trump really is just a clueless old man who signs whatever his advisors put in front of him. But I doubt it. He may be a lot of things, but clueless ain't one of them.

The Binance of It All

And let's not forget about Binance itself. Still the most used crypto exchange in the world, even after all this. Zhao stepped down as CEO, but he's still lurking in the background, pulling the strings. The pardon lifts restrictions that stopped Zhao from running financial ventures, but does it change anything with US regulators? Does it really change his role at Binance?

These are the questions nobody seems to be asking. We're too busy being distracted by the "I don't know him" circus act to notice the bigger picture.

So, What's the Real Story?

It's simple: Trump's playing the game he always plays. Say whatever's convenient, deny everything else, and hope nobody notices the man behind the curtain. And honestly, ain't nobody surprised anymore.

Tags: crypto

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