- Changpeng Zhao has applied for the grace of the US presidential election.
- He praised Trump's business style diplomacy and crypto support.
Binance founder CZ has confirmed that he has officially applied for the grace of the US presidential election. He announced it on May 5 conversation Together with Farokh Sarmad in Podcast. This stands for the first time when Zhao publicly acknowledged the pardon.
Zhao explained that his legal team applied two weeks ago. He said the decision was followed by media speeches after Bloomberg and Wall Street Journal reports. According to Zhao, these reports pushed him to make the application formal.
CZ predicts a 5t cryptoobum
Previously, The Wall Street Journal claimed that the Trump family applied for a stake in Binance.us. Zhao denied these claims, naming them made and politically motivated. He claimed to X that he had never met Trump's family and that the report was wrong.
Zhao emphasized that he had never interacted with Trump. He added that Binance, being a stranger, could not be donated to US political campaigns. However, he expressed his support for Trump's crypto -friendly approach.
During the interview, Zhao praised Trump's leadership style. He described Trump's diplomacy as a business -like rather than traditional political post. He said this method uses leverage and transactions that are common in the business world.
Despite his legal concerns, Zhao said he had no intention of returning to Binance. He marked that the exchange has worked smoothly without his participation. He is still a majority shareholder and that state has not changed.
In addition, Zhao shared his concerns about the Memecoin market. He said that Memecoins would attract too much attention, despite providing low long -term value. Finally, Zhao predicted that the global ceiling of the crypto market could reach $ 5 trillion by the end of the year. He hopes that Bitcoin range from $ 500,000 to a million.
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