Is Donald Trump Crypto Going to Exonerate CZ: Will CZ Relocate to Florida
Markets buzzed when Binance’s founder Changpeng “CZ” Zhao discreetly removed the “ex-@binance” label from his social media bio, a subtle adjustment that ignited significant speculation: was the former CEO gearing up for a Trump crypto pardon?
Why? Because CZ is influential. CZ is the great leader in crypto.
On Polymarket, the odds of a pardon fluctuated dramatically, peaking at 64% on Saturday before dipping to 45% by the time of writing. This market fluctuation underscores how investors closely tie Zhao’s future to Binance’s fortunes.
Zhao mentioned in May that his legal representatives had submitted a pardon application. If approved, it might pave the way for him to retake leadership at Binance, even with the constraints of his 2023 plea agreement. Binance has chosen not to comment.
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CZ pardon chances continue to rise on Polymarket with no new developments.
Are these Binance insiders purchasing or just traders engaging in risky behavior?
We’ll find out shortly! pic.twitter.com/1SEUkp9COL
— Car (@CarOnPolymarket) September 13, 2025
The Trump family has also significantly deepened their connections to the crypto sector. Through their company World Liberty Financial, they’ve engaged in agreements related to Binance, further merging politics with markets. Additionally, the bulk of the Trump family’s wealth is now invested in crypto, as per WSJ.
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Binance Still Under Legislative Oversight: Will CZ Rejoin The Company?
Even should a pardon be granted, Binance is still far from being without oversight. Following its 2023 agreement with US regulators, the exchange incurred $4.3Bn in fines and remains subject to three years of regulation monitoring. Richard Teng has since taken on the role of CEO.
In a letter directed to US Attorney General Pam Bondi, Democratic senators cautioned against diminishing the settlement conditions placed on Binance, labeling the crypto law monitor a “crucial oversight stipulation.”
One senator pointed out Zhao’s “financial connections with the President’s family” as a potential conflict of interest, proposing that any change in oversight could reignite regulatory disputes.
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For investors, the situation is complex:
- A Trump pardon could reinstate CZ’s authority and elevate Binance to a level of trust comparable to Coinbase
- Increased political scrutiny could equally hinder Binance’s growth in the US trading market.
On-chain analysis from DeFiLlama indicates Binance continues to lead in crypto trading platform market fluidity, accounting for over 40% of the global spot trading volume. Yet, compliance risks persist as the principal concern.
If CZ makes a comeback, it might galvanize dedicated Binance users. Traders should brace for turbulence as the intersection of politics, law, and cryptocurrency markets unfolds.
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Key Takeaways
- CZ Binance subtly removed the “ex-@binance” label from his social bio, a minor adjustment, yet is he contemplating a Trump crypto pardon?
- On-chain insights from DeFiLlama reveal Binance remains a dominant force in crypto trading protocol available volume.
The post Is Donald Trump Crypto Going to Pardon CZ: Will CZ Move to Florida appeared first on 99Bitcoins.
