Trump pardons Binance founder Changpeng Zhao

Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, enters the Federal Courthouse in Seattle (Ellen M Banner/The Seattle Times via AP)

US President Donald Trump has pardoned Binance founder Changpeng Zhao.

Zhao created the world’s largest cryptocurrency exchange and served prison time after failing to stop criminals from using the platform to move money connected to child sex abuse, drug trafficking and terrorism.