Bill > SRes466

This resolution strongly condemns President Trump's pardon of Changpeng Zhao (known as "CZ"), the founder of Binance, who had pleaded guilty to willfully failing to maintain an effective anti-money laundering program. The resolution highlights that Binance pleaded guilty to multiple criminal charges and paid over $4.3 billion in financial penalties, with the company's actions allowing money to flow to terrorists, foreign adversaries, child abusers, and other criminals. The document also notes suspicious circumstances surrounding the pardon, including reported negotiations between Trump's family representatives and Binance's U.S. arm, Zhao's formal pardon application, and a significant cryptocurrency transaction involving a Trump family-issued stablecoin (USD1) shortly before the pardon. The resolution specifically calls for the Senate to denounce the pardon and urges Congress to take action to prevent what it characterizes as a form of corruption, emphasizing the serious nature of Binance's criminal activities and the potential conflict of interest in the presidential pardon.

Justice

https://www.congress.gov/bill/119th-congress/senate-resolution/466/all-info