Polymarket odds on CZ presidential pardon surge after X profile change
After stepping down in 2023 as part of a deal with US officials that later sent him to prison, Changpeng Zhao said he had “no plans to return to the CEO position” at Binance.
Cryptocurrency enthusiasts are speculating that former Binance CEO Changpeng “CZ” Zhao is closer to receiving a pardon from US President Donald Trump after a change to his social media profile.
The odds of Zhao receiving a pardon from Trump on the prediction platform Polymarket increased to an all-time high of 64% on Saturday, but they have since dropped to 45% at the time of publication.
Several users noted on Wednesday that Zhao had removed the “ex-@binance” tag — which he had added in 2023 after stepping down as CEO under a US plea deal — suggesting he may no longer be distancing himself from the exchange he founded in 2017.