President Donald Trump granted a pardon to Changpeng Zhao, the billionaire founder of cryptocurrency exchange Binance, wiping away one of the U.S. government’s most significant crackdowns on crypto crime.

唐纳德·特朗普总统赦免了加密货币交易所币安的亿万富翁创始人赵长鹏，从而终结了美国政府对加密货币犯罪最重大的打击行动之一。

Zhao had pleaded guilty to money-laundering violations in 2023 and served four months in federal prison, after a yearslong investigation by financial regulators and U.S. prosecutors.

赵长鹏在2023年承认洗钱违规行为，并在联邦监狱服刑四个月。此前，美国金融监管机构和检察官对其进行了历时数年的调查。

“President Trump exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden administration in their war on cryptocurrency,” White House press secretary Karoline Leavitt said in a statement Thursday. “The Biden administration’s war on crypto is over.”

“特朗普总统行使宪法赋予的权力，赦免了赵先生。他是拜登政府‘加密货币战争’中的被起诉对象，”白宫新闻秘书卡罗琳·莱维特周四在一份声明中表示。“拜登政府对加密货币的打击已经结束。”

The pardon is the latest example of how high-profile business partners of Trump and his family have benefited from his rollback of the wide-ranging crypto crackdown orchestrated by President Joe Biden. To seek the pardon, Zhao hired lawyers and lobbyists with ties to the Trump administration, while Binance struck a business deal with World Liberty Financial, the Trump family’s crypto startup.

这一赦免是最新的例证，表明特朗普及其家族的高调商业伙伴从特朗普撤销拜登政府广泛加密货币打击行动中获益。为寻求赦免，赵长鹏聘请了与特朗普政府有关联的律师和说客，同时币安与特朗普家族的加密货币初创公司“世界自由金融”达成了商业协议。

That deal alone is poised to generate tens of millions of dollars a year for the Trumps and the family of Steve Witkoff, the president’s top Middle East adviser.

仅此一项交易就有望每年为特朗普家族及总统的中东事务高级顾问史蒂夫·威特科夫家族带来数千万美元的收入。

Trump has granted clemency to several other prominent crypto executives, including Ross Ulbricht, who ran the bitcoin-fueled drug marketplace Silk Road. And since Trump took office, regulators have dropped lawsuits against Coinbase and other large crypto firms.

特朗普此前已赦免了其他几位知名加密货币高管，包括运营比特币毒品交易平台“丝绸之路”的罗斯·乌尔布里希特。自特朗普执政以来，监管机构已撤销了对Coinbase等大型加密货币公司的诉讼。

But even in the context of Trump’s broader dismantlement of crypto enforcement, the pardon for Zhao is extraordinary.

即使在特朗普全面削弱加密货币执法的背景下，对赵长鹏的赦免仍显得非同寻常。

Long considered the crypto industry’s richest man, Zhao — a Chinese-born executive who now lives in the United Arab Emirates — admitted that he had violated the law by failing to install rigorous compliance systems at Binance. That allowed people in countries under sanctions and terrorist groups such as Hamas, al-Qaida and the Islamic State group to move money on his platform.

作为长期以来加密货币行业的首富，出生于中国、现居阿联酋的赵长鹏承认，他在币安未能建立严格的合规体系，导致受制裁国家的个人和哈马斯、基地组织、伊斯兰国等恐怖组织得以通过其平台转移资金。

When he pleaded guilty, Zhao, who goes by CZ, stepped down as CEO of Binance, though he remained its majority owner and held onto virtually all of his wealth.

认罪时，以CZ为名的赵长鹏辞去了币安首席执行官一职，但仍保留公司多数股权并持有几乎全部财富。

Now he could have an opportunity to retake direct control of the exchange. The pardon could also make it easier for Binance to establish a presence in the U.S. market and challenge domestic exchanges like Coinbase and Kraken.

如今，他可能有机会重新直接掌控交易所。赦免还可能使币安更容易在美国市场立足，挑战Coinbase和Kraken等本土交易所。