A resolution condemning President Trump's pardoning of Binance founder Changpeng Zhao, who had violated United States anti-money laundering laws, and calling for Congress to use its authority to stop this form of corruption.

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Introduced 2025-10-23Topic: governance ethics · criminal justice

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This Senate resolution states the Senate's formal disapproval of President Trump's October 23, 2025 pardon of Changpeng Zhao, the founder of the cryptocurrency exchange Binance. Zhao had pleaded guilty in 2023 to failing to maintain an anti-money laundering program and was sentenced to prison in 2024. The resolution lists events connecting Binance and Zhao to a cryptocurrency company owned by the Trump family. It also calls on Congress to use its authority to stop what the resolution calls this form of corruption. The resolution does not change any law.

Full text and official record on Congress.gov

Action history

Date	Chamber	Action	Status effect
2025-10-23	Senate	Referred to the Committee on the Judiciary. (text: CR S7733)	refer
2025-10-23		Introduced in Senate	introduce

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