Senators Condemn Zhao Changpeng Pardon: Crypto and Trump Family Ties

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author: CryptoNews

date: October 29, 2025

1 min. read

U.S. Senators Elizabeth Warren and Adam Schiff are planning to introduce a Senate resolution this week condemning former President Trump's pardon of Binance founder Zhao Changpeng (CZ). This move highlights growing concerns about potential conflicts of interest and the intersection of cryptocurrency and political influence. The resolution, as reported by Decrypt, criticizes Trump's decision, alleging a deepening business relationship between CZ and the Trump family. Warren and Schiff's letter to fellow Senators emphasized the need for Congressional action to prevent corruption involving public officials and their families. While the resolution faces an uphill battle in the Senate, it underscores the ongoing scrutiny of cryptocurrency exchanges and the political landscape. The debate surrounding CZ's pardon raises broader questions about accountability and the influence of wealth within the political sphere. The outcome of this resolution could signal the Senate's stance on executive pardons and their potential impact on the integrity of the financial system. ```