October 17: Trump commuted George Santos's sentence after three months of a seven-year term. Santos had pleaded guilty to wire fraud and identity theft, including charging donors' credit cards without authorization and taking $3,000 from a GoFundMe for a Navy veteran's dying dog. The commutation eliminated Santos's $374,000 restitution obligation. Santos has stated he will not repay victims unless legally required.
Trump cited Santos's consistent Republican voting record as a factor in his decision.
October 23: Trump pardoned Changpeng Zhao, Binance's founder, who had pleaded guilty to enabling money laundering. Zhao served four months of his sentence. Binance paid $4.3 billion in fines after admitting it facilitated transactions involving terrorists, cybercriminals, and child abusers.
Notable context: Trump's family crypto venture, World Liberty Financial, has gained approximately $5 billion in value since the election. Binance hosts the Trump family's crypto platform and participated in a $2 billion transaction involving Trump's stablecoin. In September, Binance retained a lobbyist with connections to Donald Trump Jr., paying $450,000 for services including advocacy for "executive relief."
When asked why he pardoned Zhao, Trump said: "I don't know, he was recommended by a lot of people."
The timeline: Within six days, Trump granted clemency to a Republican congressman who admitted to defrauding donors and veterans, eliminating his restitution obligations, and to a cryptocurrency executive whose company has business relationships worth billions with Trump's family venture. Both individuals had pleaded guilty to federal crimes. Both had their sentences significantly reduced or eliminated.
Interested in hearing different perspectives on this.
Trump cited Santos's consistent Republican voting record as a factor in his decision.
October 23: Trump pardoned Changpeng Zhao, Binance's founder, who had pleaded guilty to enabling money laundering. Zhao served four months of his sentence. Binance paid $4.3 billion in fines after admitting it facilitated transactions involving terrorists, cybercriminals, and child abusers.
Notable context: Trump's family crypto venture, World Liberty Financial, has gained approximately $5 billion in value since the election. Binance hosts the Trump family's crypto platform and participated in a $2 billion transaction involving Trump's stablecoin. In September, Binance retained a lobbyist with connections to Donald Trump Jr., paying $450,000 for services including advocacy for "executive relief."
When asked why he pardoned Zhao, Trump said: "I don't know, he was recommended by a lot of people."
The timeline: Within six days, Trump granted clemency to a Republican congressman who admitted to defrauding donors and veterans, eliminating his restitution obligations, and to a cryptocurrency executive whose company has business relationships worth billions with Trump's family venture. Both individuals had pleaded guilty to federal crimes. Both had their sentences significantly reduced or eliminated.
Interested in hearing different perspectives on this.