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Trump’s CZ Pardon Has the Crypto World Bracing for Impact

Trump’s CZ Pardon Has the Crypto World Bracing for Impact

Changpeng Zhao, the multibillionaire founder of crypto exchange Binance, spent four months last year locked in a federal prison. After US president Donald Trump pardoned Zhao in October, the government has recast him as a martyr.

Zhao, who goes by CZ, pleaded guilty in November 2023 to failing to maintain an effective anti-money-laundering program at Binance. In parallel, Binance admitted to violating US sanctions and settled with financial regulators, which accused the company of failing to report suspicious transactions involving terror groups, child exploitation networks, and cybercriminals, among other violations. In a particularly incriminating exchange detailed in court documents, one Binance employee said to a colleague, “We see the bad, but we close 2 eyes.”

As part of their respective settlement deals, Zhao agreed to forfeit his role as Binance CEO, and Binance agreed to leave the US, accept supervision by a US-appointed compliance monitor, and pay a record $4.3 billion penalty.

Less than two years later, the narrative has flipped. On October 23, Trump struck the charges from Zhao’s criminal record. The Binance founder was a victim of the “Biden administration’s war on crypto,” a White House spokesperson declared.

The decision to pardon Zhao will reverberate throughout the US crypto exchange market, which Binance could seek to reenter, legal experts claim. It may also come with long-term political consequences for the crypto industry after Trump’s presidency ends.

Whether Zhao’s pardon was justified has been hotly disputed, particularly in light of connections between Binance and World Liberty Financial, a crypto business founded by Trump and his sons. (Through a corporate entity, the Trump family owns a 38 percent stake in World Liberty Financial’s parent company.) In May, Binance agreed to receive a $2 billion investment denominated in USD1, a coin issued by World Liberty Financial, which could earn tens of millions of dollars from the arrangement. In July, Bloomberg reported that Binance had developed the codebase for USD1.

Remarkably, Trump claims to know very little about Zhao. “OK, are you ready? I don’t know who he is,” Trump told 60 Minutes in an interview that aired on November 2. “I can only tell you this. My sons are into [crypto],” he said later in the interview.

Zhao’s legal representatives and industry allies have defended the pardon as a rightful corrective. “CZ is the first and only known first-time offender in US history to receive a prison sentence for this single, non-fraud-related charge,” wrote Teresa Goody Guillén, partner at law firm Baker & Hostetler, which represents Zhao, in a post on X.

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The New Moon has now passed, which means each night the Moon will appear bigger and brighter in the sky. This happens as more of its sunlit side comes into view from Earth. From now, it will become more illuminated each night until the next full Moon.

What is today’s Moon phase?

As of Saturday, April 18, the Moon phase is Waxing Crescent. Tonight, 1% of the moon will be lit up, according to NASA’s Daily Moon Guide.

The Moon is starting to brighten again, but for now, there’s still to little of its surface lit up to see anything.

When is the next Full Moon?

The next Full Moon is predicted to take place on May 1, the first of two in May.

What are Moon phases?

NASA states that the Moon takes about 29.5 days to orbit Earth, during which it passes through eight distinct phases. We always see the same side of the Moon, but the amount of sunlight reflecting off it changes as it moves along its orbit, creating the familiar pattern of full, partial, and crescent shapes. These shifting appearances are called lunar phases, and there are eight in total:

New Moon – The Moon is between Earth and the sun, so the side we see is dark (in other words, it’s invisible to the eye).

Waxing Crescent – A small sliver of light appears on the right side (Northern Hemisphere).

First Quarter – Half of the Moon is lit on the right side. It looks like a half-Moon.

Waxing Gibbous – More than half is lit up, but it’s not quite full yet.

Full Moon – The whole face of the Moon is illuminated and fully visible.

Waning Gibbous – The Moon starts losing light on the right side. (Northern Hemisphere)

Third Quarter (or Last Quarter) – Another half-Moon, but now the left side is lit.

Waning Crescent – A thin sliver of light remains on the left side before going dark again.

#Moon #phase #today #explained #Moon #April">Moon phase today explained: What the Moon will look like on April 18, 2026
                                                            The New Moon has now passed, which means each night the Moon will appear bigger and brighter in the sky. This happens as more of its sunlit side comes into view from Earth. From now, it will become more illuminated each night until the next full Moon.What is today’s Moon phase?As of Saturday, April 18, the Moon phase is Waxing Crescent. Tonight, 1% of the moon will be lit up, according to NASA’s Daily Moon Guide.The Moon is starting to brighten again, but for now, there’s still to little of its surface lit up to see anything. 
When is the next Full Moon?The next Full Moon is predicted to take place on May 1, the first of two in May.What are Moon phases?NASA states that the Moon takes about 29.5 days to orbit Earth, during which it passes through eight distinct phases. We always see the same side of the Moon, but the amount of sunlight reflecting off it changes as it moves along its orbit, creating the familiar pattern of full, partial, and crescent shapes. These shifting appearances are called lunar phases, and there are eight in total:New Moon – The Moon is between Earth and the sun, so the side we see is dark (in other words, it’s invisible to the eye).
        
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Waxing Crescent – A small sliver of light appears on the right side (Northern Hemisphere).First Quarter – Half of the Moon is lit on the right side. It looks like a half-Moon.Waxing Gibbous – More than half is lit up, but it’s not quite full yet.Full Moon – The whole face of the Moon is illuminated and fully visible.Waning Gibbous – The Moon starts losing light on the right side. (Northern Hemisphere)Third Quarter (or Last Quarter) – Another half-Moon, but now the left side is lit.Waning Crescent – A thin sliver of light remains on the left side before going dark again.

                    
                                    #Moon #phase #today #explained #Moon #April

Moon phase is Waxing Crescent. Tonight, 1% of the moon will be lit up, according to NASA’s Daily Moon Guide.

The Moon is starting to brighten again, but for now, there’s still to little of its surface lit up to see anything.

When is the next Full Moon?

The next Full Moon is predicted to take place on May 1, the first of two in May.

What are Moon phases?

NASA states that the Moon takes about 29.5 days to orbit Earth, during which it passes through eight distinct phases. We always see the same side of the Moon, but the amount of sunlight reflecting off it changes as it moves along its orbit, creating the familiar pattern of full, partial, and crescent shapes. These shifting appearances are called lunar phases, and there are eight in total:

New Moon – The Moon is between Earth and the sun, so the side we see is dark (in other words, it’s invisible to the eye).

Waxing Crescent – A small sliver of light appears on the right side (Northern Hemisphere).

First Quarter – Half of the Moon is lit on the right side. It looks like a half-Moon.

Waxing Gibbous – More than half is lit up, but it’s not quite full yet.

Full Moon – The whole face of the Moon is illuminated and fully visible.

Waning Gibbous – The Moon starts losing light on the right side. (Northern Hemisphere)

Third Quarter (or Last Quarter) – Another half-Moon, but now the left side is lit.

Waning Crescent – A thin sliver of light remains on the left side before going dark again.

#Moon #phase #today #explained #Moon #April">Moon phase today explained: What the Moon will look like on April 18, 2026

The New Moon has now passed, which means each night the Moon will appear bigger and brighter in the sky. This happens as more of its sunlit side comes into view from Earth. From now, it will become more illuminated each night until the next full Moon.

What is today’s Moon phase?

As of Saturday, April 18, the Moon phase is Waxing Crescent. Tonight, 1% of the moon will be lit up, according to NASA’s Daily Moon Guide.

The Moon is starting to brighten again, but for now, there’s still to little of its surface lit up to see anything.

When is the next Full Moon?

The next Full Moon is predicted to take place on May 1, the first of two in May.

What are Moon phases?

NASA states that the Moon takes about 29.5 days to orbit Earth, during which it passes through eight distinct phases. We always see the same side of the Moon, but the amount of sunlight reflecting off it changes as it moves along its orbit, creating the familiar pattern of full, partial, and crescent shapes. These shifting appearances are called lunar phases, and there are eight in total:

New Moon – The Moon is between Earth and the sun, so the side we see is dark (in other words, it’s invisible to the eye).

Waxing Crescent – A small sliver of light appears on the right side (Northern Hemisphere).

First Quarter – Half of the Moon is lit on the right side. It looks like a half-Moon.

Waxing Gibbous – More than half is lit up, but it’s not quite full yet.

Full Moon – The whole face of the Moon is illuminated and fully visible.

Waning Gibbous – The Moon starts losing light on the right side. (Northern Hemisphere)

Third Quarter (or Last Quarter) – Another half-Moon, but now the left side is lit.

Waning Crescent – A thin sliver of light remains on the left side before going dark again.

#Moon #phase #today #explained #Moon #April
#OpenAIs #Sora #boss #leavingAI,News,OpenAI">OpenAI’s former Sora boss is leavingI am immensely grateful to Sam, Mark, Aditya and Jakub for fostering a research environment that allowed us to pursue ideas off-the-beaten path from the company’s mainline roadmap. It’s tempting in life to mode collapse to the most important thing, but cultivating entropy is the only way for a research lab to thrive long-term, and Sam deeply understands this. Sora was a project that could not have happened anywhere but OpenAI, and I will always deeply love this place for that.#OpenAIs #Sora #boss #leavingAI,News,OpenAI

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