CZ Says Crypto Exchange Rivals Opposed His Pardon Bid

During an interview with CBS News 60 Minutes program in November 2025, Trump said he had “no idea who he is” but was told that he was a victim of a “witch hunt” by the administration of former US President Joe Biden.

Binance.US resumed operations for eligible US users in February 2025, months after Zhaos pardon was granted.

Zhao cleared of recent allegations

Zhaos comments came just months after a federal court in Alabama granted a motion in March to dismiss a 2024 complaint filed against him, Binance and its separate US entity Binance.US over allegations that the crypto exchange facilitated transferring funds to terrorist groups.

Zhao said in April that he hopes cryptocurrencies and blockchain will simply become an invisible part of daily infrastructure by 2031, much like the internet today.

“I‘m hoping that we don’t talk about crypto as crypto in five years, just like we don‘t talk about the internet anymore, we don’t talk about TCP/IP, we dont talk about HTML, JavaScript, etc,” Zhao told Scott Melker on the Wolf of All Streets podcast.