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US President Donald Trump says he doesn’t know Changpeng Zhao, aka CZ, even after he issued a pardon for the Binance co-founder.
Throughout an interview with the CBS present 60 Minutes that aired Sunday, Trump was questioned about his choice to pardon CZ, who authorities prosecutors stated had triggered “important hurt to US nationwide safety.”
“Okay, are you prepared? I don’t know who he’s,” the President replied. “I do know he acquired a four-month sentence or one thing like that.”
Trump Instructed Zhao Was Focused In A Biden “Witch Hunt”
Trump stated that a number of folks had instructed him that Zhao was focused in a “witch hunt” carried out by the previous Joe Biden administration, who he says handled Zhao “actually badly.”
Deeply grateful for at the moment’s pardon and to President Trump for upholding America’s dedication to equity, innovation, and justice.
🙏🙏🙏🙏Will do every part we will to assist make America the Capital of Crypto and advance web3 worldwide.
(Nonetheless in flight, extra posts to come back.)…
— CZ 🔶 BNB (@cz_binance) October 23, 2025
“They despatched him to jail and so they actually set him up,” Trump stated. ”That’s my opinion.”
Trump acknowledged that he initially thought that pardoning Zhao “might look dangerous,” however stated that he needed to do “the suitable factor.”
“I used to be instructed that he was a sufferer, similar to I used to be and similar to many different folks, of a vicious, horrible group of individuals within the Biden administration,” he added.
Trump Threatened To Stroll Out Of Interview When Pressed About Zhao Relationship
After the present’s host stated Zhao had helped facilitate a $2 billion buy of a stablecoin backed by the Trump household’s World Liberty Monetary, she instructed Trump it seems like a ”pay for play” state of affairs.
Trump replied by saying that his sons are extra concerned within the crypto house than he’s, including that Zhao’s cost was through the “corrupt” Biden authorities and that his solely concern is that the US turns into a pacesetter within the crypto house.
In an excerpt that didn’t seem on CBS however was later posted on-line, the Trump threatened to stroll away if O’Donnell continued to concentrate on the Zhao pardon.
“I’d moderately not have you ever ask the query,” Trump stated. “However I allow you to ask it. I coulda walked away. I didn’t need to reply this query.”
Trump Desires To Make The US A Crypto Chief Earlier than China Takes Over
Trump stated his goal is to make the US the chief within the crypto house, and that he’s proud that ”we’re far and approach forward of China and all people else.”.
“I wanna make crypto nice for America,” Trump added.
NEW: 🇺🇸 President DJ Trump says, “I solely care about one factor: will we be primary in crypto”
BULLRUN ✅ pic.twitter.com/mAIJPtJ4kg
— Mr. WHALE (@MrWhaleHQ) November 3, 2025
“I don’t wanna have someone else have crypto and have China be primary on this planet in crypto,” he went on to say.
Trump stated that crypto is an trade the place solely the chief within the house will thrive, including that “you’re not going to have a quantity two.”
He then claimed that the US is at present “primary” in crypto by a “lengthy shot,” and stated he needs to maintain it that approach.
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