‘No idea who he is,’ says Trump after pardoning crypto tycoon
NOV 3 - US President Donald Trump says he does not know who Changpeng Zhao is, despite pardoning the cryptocurrency multi-billionaire last month. Trump Kenya breaking news | Kenya news today |..
✨ Key Highlights
Former US President Donald Trump claims he does not know crypto billionaire Changpeng Zhao, despite pardoning him last month. This statement was made during a CBS News’ 60 Minutes interview.
- Trump stated he had “no idea who he is” when asked about pardoning Zhao, who pleaded guilty to enabling money laundering and served four months in prison.
- Zhao’s companies have partnered with firms linked to Trump, including Dominari Holdings, which is based in Trump Tower.
- The pardon lifts restrictions on Zhao running financial ventures, with White House Press Secretary Karoline Leavitt describing Zhao’s prosecution as an “overly prosecuted case” and part of a “war on cryptocurrency” by the Biden administration.
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Trump Administration Faces Tariff Lawsuit, Issues Pardon, and Strikes Trade Deal with China - November 2025
The Trump administration is facing a legal challenge at the US Supreme Court regarding the legality of its tariffs, with small businesses and states contending the tariffs are illegal. The challengers are demanding refunds for billions of dollars collected. Separately, the White House announced that China will ease its export ban on automotive computer chips. This measure is a key component of a new trade deal struck between US President Donald Trump and Chinese President Xi Jinping. In another matter, former US President Donald Trump pardoned crypto billionaire Changpeng Zhao last month, but later claimed in a CBS News’ 60 Minutes interview that he does not know him.
