Foresight News reported, according to Walter Bloomberg, that Trump stated he pardoned Zhao Changpeng because he is "innocent" and "persecuted by the Biden administration."
According to previous Foresight News reports, Zhao Changpeng expressed his gratitude for Trump's pardon, saying, "I am very grateful for today's pardon, and also thank President Trump for upholding America's commitment to fairness, innovation, and justice. We will do our utmost to help the United States become the crypto capital and advance the development of Web3 globally. Keep moving forward."