Binance wants a Trump partnership and a pardon for CZ, report
At 9am today, five Wall Street Journal journalists published a claim that Binance founder Changpeng Zhao (CZ) is seeking a presidential pardon from Donald Trump . Their reporting acknowledges CZ’s completion of a four-month prison sentence and claims that unnamed sources familiar with the matter believe CZ has pushed forward with his request despite already serving a sentence. Although the reporters do not speculate on other misdeeds, a US president has the sole authority to preemptively pardon for crimes for which an individual does not yet have a conviction. Per Article II, Section 2, Clause 1 of the US Constitution and Supreme Court precedent in Ex parte Garland (1867), the president wields “unlimited” pardoning power applicable to “every offence known to the law,” even “before legal proceedings are taken.” In addition, Wall Street Journal reporters claim that Binance wants the Trump family or one of its entities, like World Liberty Financial, to invest in Binance. As part...