The Wall Street Journal: Zhao Changpeng becomes an "informal pardon" beneficiary of Trump, revealing a "pardon deal" market value of millions of dollars

Dec 25, 2025 15:20:53

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The Wall Street Journal reported that "Zhao Changpeng has become one of the beneficiaries of a new, informal presidential pardon pathway that emerged during Trump's second term. According to people close to Trump, this new approach is partly driven by Trump's own experience as a criminal defendant, giving rise to a 'pardon-for-sale' industry, with lobbyists claiming their market price is $1 million.

It is reported that those seeking pardons are offering success fees of up to $6 million to lobbyists closely connected to the president, on the condition that they can get the job done."

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