The Trump Pardon of 'CZ': Just Another Day in Crypto Clown World?
Okay, so Trump pardoned Changpeng Zhao, the Binance dude, and then claims he doesn't even know who he is? Give me a break. This whole thing stinks worse than week-old crypto scams.
"I Don't Know Him": Yeah, Right.
Trump says, "I don't know who he is." Right. And I'm the Queen of England. This is the same guy whose sons were cozying up to Zhao's companies in Trump Tower, working on "digital currency projects." Now suddenly it's all "who's CZ?" Please. This is Washington, where everyone knows everyone, especially when there's money involved.
It's like saying you "don't know" your neighbor after borrowing their lawnmower for the past five years. Sure, maybe you haven't had a deep conversation about existentialism, but you know them. So, is Trump playing dumb, or does he genuinely not remember? Which is worse, actually?
And let's not forget the timing. This pardon conveniently lifts restrictions that were stopping Zhao from running financial ventures. Color me shocked.
The "Witch Hunt" Defense: As Predictable as Sunrise
Ah yes, the old "witch hunt" defense. According to Trump, Zhao was just a victim of Biden's "war on cryptocurrency." That's what White House Press Secretary Karoline Leavitt is peddling anyway. It's the go-to excuse for everything these days, isn't it? Anything you don't like? Witch hunt! Didn't get your way? Witch hunt!
But wait a minute. Zhao pleaded guilty to enabling money laundering! That's not exactly a minor offense. He even served four months in prison. So, are we just supposed to ignore all that because Trump says it's a "witch hunt?" I'm not buying it.
And hey, the Trump administration also halted a fraud case against some other crypto guy, Justin Sun, after he invested in the Trump family's crypto firm. Coincidence? I think not. It all feels a little to convenient, doesn't it? Like maybe there's a pattern here.
Speaking of patterns, he also pardoned founders of BitMEX who faced money laundering charges AND Ross Ulbricht, the dude who ran Silk Road. So I guess if you’re into crypto crime, Donald's your guy?
Offcourse, maybe I'm just being cynical. Maybe Trump really doesn't know who Zhao is. Maybe he just randomly picks names out of a hat for pardons. Then again, maybe pigs can fly. According to the BBC, 'I don't know who he is,' says Trump after pardoning crypto tycoon.
Crypto Gonna Crypto
The whole crypto world is a mess. It's like the Wild West, but with even less regulation and more scammers. You've got meme coins, rug pulls, and billionaires who apparently don't know each other even though they're all swimming in the same murky pool of digital cash. It's all so... exhausting.
And why should we even care? The Binance platform remains the most used crypto exchange in the world for trading digital assets. So? People are still gonna gamble. People are still gonna chase the next get-rich-quick scheme. It's human nature. It’s just happening with more buzzwords now.
So, What's the Real Play Here?
Look, this isn't about justice or fairness. It's about power, money, and political favors. Trump sees an opportunity to stick it to Biden, to rally the crypto crowd, and maybe, just maybe, to line his own pockets in the process. He's playing the game, and we're all just pawns in his twisted little chess match. And honestly... I'm starting to think we deserve it.
