WSJ Tech News Briefing TNB Tech Minute: Trump Pardons Binance Founder CZ
20 snips
Oct 23, 2025 Sebastian Steinhauser, an executive at SAP, shares insights on how generative AI can empower companies to navigate uncertainty and enhance decision-making. He emphasizes the crucial role of technology in adapting to rapid changes. Additionally, Julie Chang covers exciting news as European aerospace giants Airbus, Leonardo, and Thales collaborate to challenge SpaceX, while Intel celebrates sales growth and improves its financial outlook.
AI Snips
Chapters
Transcript
Episode notes
Trump Pardons Binance Founder
- President Trump pardoned Changpeng Zhao (CZ) after his 2023 guilty plea and brief prison term.
- The pardon follows CZ's efforts to help the Trump family's crypto firm and growth of USD1.
Binance's Guilty Plea And Prison Term
- Binance pleaded guilty in 2023 to violating U.S. anti-money-laundering rules and was barred from U.S. operations.
- CZ served four months and left prison in September after related charges.
CZ's Role In Trump-Linked Crypto
- CZ actively promoted the Trump family's crypto company, World Liberty Financial.
- Binance helped drive adoption of World Liberty's USD1 stablecoin.