Murdoch Paper Flays Trump For ‘Stench’ of Crypto Pardon

The Wall Street Journal, owned by Rupert Murdoch, blasted President Donald Trump’s pardon of Binance founder Changpeng “CZ” Zhao, who pleaded guilty in 2023 to anti–money-laundering violations. The editorial flags a possible conflict: Binance accepted a $2 billion transaction by an Emirati fund in a Trump family–developed cryptocurrency, a deal the paper says conferred legitimacy and revenue, and Zhao sought a pardon days later. A White House statement said the move ends a “war on crypto.” Investor Joe Lonsdale criticized the pardon, and the Journal compared it to Bill Clinton’s Marc Rich case, invoking the Founders’ intended restraint.

Reviewed by JQJO team

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