The US President Donald Trump has claimed that he doesn’t know who Changpeng Zhao is. The cryptocurrency billionaire and founding father of Binance was pardoned by Donald Trump 10 days in the past. Zhao, who’s also referred to as “CZ,” is the founding father of the Binance crypto change, and he helped World Liberty Monetary, the Trump household’s personal enterprise, make billions of {dollars} simply earlier than the president pardoned him. Within the newest interview on CBS, President Donald Trump informed Norah O’Donnell that he doesn’t know who CZ is, and the one factor he knew was that he acquired a four-month sentence or one thing like that.

On November 2, 2025, an interview on CBS’s 60 Minutes, the interviewer, Norah O’Donnell, claimed that Binance was concerned in facilitating and helped World Liberty Monetary’s stablecoin buy price $2 billion. Donald Trump rejected these allegations and stated, “I don’t know who he’s. I do know he acquired a four-month sentence or one thing like that. And I heard it was a Biden witch hunt.” Donald Trump commented that the pardon was a mandatory and vital resolution to maintain the US aggressive in crypto. After defending pardoning CZ, Trump added that in the event that they didn’t do it, crypto was going to go to China, and in keeping with him, crypto was no completely different than AI. 

The US President Donald Trump pardoned Changpeng Zhao 10 days in the past after he pleaded responsible to enabling cash laundering in 2023. After the allegation, CZ stepped down because the CEO of Binance as a part of a $4.3 billion settlement with the Justice Division. He additionally served 4 months in jail. Norah O’Donnell requested Trump why he had pardoned CZ, who had induced “important hurt to U.S. nationwide safety,” basically by permitting terrorist teams like Hamas to maneuver tens of millions of {dollars} round. Trump replied and blamed the earlier Biden administration for disrespecting and marginalizing a profitable man like him. Trump answered that the person had been handled actually badly by the Biden administration, that he had been given a jail time period, that he was extremely revered, and that he was a really profitable man, including that that they had despatched him to jail and had actually set him up.

“I Don’t Know the Man At All. I Don’t Suppose I Ever Met Him”. Says Donald Trump

Norah O’Donnell requested Trump about crypto’s richest man, a billionaire often called C.Z., who, in that context, had helped to make his household tens of millions of {dollars} and had pleaded responsible in 2023 to violating anti-money laundering legal guidelines. Trump denied the previous authorities’s accusations in opposition to CZ and stated the labeling he acquired as “important hurt to U.S. nationwide safety” was a results of the Biden authorities’s anti-crypto perspective.

Trump replied to Norah that he didn’t know the person in any respect and didn’t assume he had ever met him, though he talked about that possibly he had or that somebody had shaken his hand. He acknowledged that he had no concept who he was and that he had been informed the person was a sufferer, similar to he was and like many different individuals, of a vicious, horrible group of individuals within the Biden administration.

He denied CZ’s and Binance’s affiliation with World Liberty Monetary’s stablecoin and Changpeng Zhao’s collaboration along with his sons. The interviewer confronted Trump and requested how he addressed the looks of pay for play, noting that in 2025, C.Z.’s crypto change, Binance, had helped facilitate a $2 billion buy of World Liberty Monetary’s stablecoin and that he had then pardoned C.Z. Trump claimed that he knew nothing about it as a result of he was too busy doing different issues. He informed Norah that his sons had been into crypto and that he was glad they had been as a result of it was in all probability an ideal trade, crypto, and he thought it was good, including that they had been operating a enterprise and never in authorities.