Binance Coin BNB$1,108.07 gained 3.3% in the last 24-hour period to trade at $1,126, outpacing broader crypto markets afterU.S. President Donald Trump issued a pardon for Changpeng Zhao, co-founder and former CEO of Binance.

Zhao pleaded guilty in November 2023 to violating the Bank Secrecy Act and agreed to step down from the exchange he founded. The attempt to imprison him for three years drew criticism across the crypto industry, and ultimately Zhao served four months.

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Author: CD Analytics