House Rep. Demands Answers on Why the President Pardoned Billionaire Crypto Mogul

Donald Trump's recent pardon of Binance founder Changpeng Zhao has drawn the scrutiny of lawmakers in Congress, with a top Democratic lawmaker demanding answers on Friday.

Rep. Robert Garcia has submitted a letter describing the move as "shocking and unjustified."

Binance founder Changpeng Zhao was convicted in 2023 of money-laundering violations.