In his latest public remarks, US President Trump responded to media questions about his decision to pardon Binance founder Changpeng Zhao (CZ). Trump stated, "I don't know him and I've never met him. But many people tell me he's a good man and he did nothing wrong." He noted that Zhao served only four months in prison, saying, "Many people say that wasn't a crime, but a political persecution."

Trump further criticized the reporter for being "ignorant" of the crypto industry and emphasized that the decision was made "at the request of many good people." He stated that he had listened to advice from various parties in the business and crypto communities and believed that "Changpeng Zhao was treated unfairly." This was the first time a US president had publicly explained the "pardon" of a crypto figure.