CZ's personal lawyer has addressed the controversy surrounding a potential pardon from Trump, highlighting the tense regulatory environment following the FTX collapse. The lawyer suggested that regulators were under pressure to prosecute someone as a symbolic gesture. The process for submitting a pardon request varies, with some using specialized pardon attorneys or the Department of Justice's website, but initial applications do not reach the president directly.
Currently, CZ has no plans to return to Binance, which remains under scrutiny. The U.S. Treasury, through FinCEN, has appointed a monitor to ensure Binance complies with U.S. laws, despite the exchange having no U.S. customers and being effectively "expelled."
CZ's Lawyer Addresses Trump Pardon Controversy Amid Regulatory Tensions
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
