BNB Price Pumps 5% As Donald Trump Defends Changpeng Zhao Pardon
The price of BNB has pumped over 5% in the last 24 hours as US President Donald Trump defends his pardon for Binance founder Changpeng Zhao (CZ). Following the latest gain, BNB trades at $1,141.14 as of 1:00 a.m. EST, according to data from CoinMarketCap. BNB price (Source: CoinMarketCap ) The altcoin is now more than 13% in the green on the monthly time frame, but is over 16% down from the all-time high (ATH) of $1,370.55 that was set on Oct. 13. Trump Pardons Binance’s CZ After “A Lot Of People” Said He Wasn’t Guilty CZ pleaded guilty in November 2023 to one count of failing to implement an adequate Anti-Money Laundering (AML) program at Binance, and for violating the Bank Secrecy Act. He was also fined $50 million, and Binance agreed to pay $4.3 billion as part of a settlement. As part of the plea, CZ also agreed to step down from his role at the time as Binance’s CEO. Then, in April 2024, CZ was sentenced to four months in ...
