Senate Democrats demand answers on Trump’s pardon of Binance’s CZ
Seven Senate Democrats asked the US attorney general and the DOJ to explain President Trump’s pardon of Binance co-founder Changpeng Zhao, calling it a corrupt move.
Democratic Party senators have requested that US Attorney General Pam Bondi and the US Department of Justice provide additional information regarding the pardon of Binance co-founder Changpeng “CZ” Zhao by President Donald Trump.
In an open letter on Tuesday, seven Democratic senators wrote that the pardon “signals to cryptocurrency executives and other white-collar criminals that they can commit crimes with impunity.” The lawmakers accused Trump of encouraging criminal activity “so long as they enrich him.”
The letter follows similar criticism from US Representative Maxine Waters, the top Democrat on the House Financial Services Committee, earlier this week, who said that “Trump is doing massive favors for crypto criminals who have helped line his pockets.”
