DOJ Three-Year Compliance Monitor of Binance May End Early After CZ Pardon
The U.S. Department of Justice's three-year compliance monitoring of Binance may conclude ahead of schedule following President Trump's pardon of founder CZ, The New York Times reported on Oct. 24. The development could enable the exchange's return to U.S. operations after it admitted violating anti-money laundering regulations in 2023 and was banned from operating in the U.S. The pardon may not terminate a separate independent oversight established by the Treasury Department without additional approval from Trump or the Treasury Secretary. Sources indicate lobbyist Ches McDowell played a significant role in securing CZ's pardon.

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