The Coffman Chronicle

The Coffman Chronicle

Trump’s Pardoned Binance Founder Faces $1.7B Iran Crypto Scandal

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Team Coffman Chronicle
Feb 24, 2026
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Trump pardons convicted Binance founder 'CZ' Zhao | Reuters

Binance is facing renewed sanctions scrutiny after internal investigators reportedly found $1.7 billion in cryptocurrency transfers to Iranian-linked entities, a discovery that now intersects with President Donald Trump’s pardon of founder Changpeng Zhao.

According to reporting from The New York Times, two Binance accounts sent large volumes of crypto du…

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