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.

Summary

States findings that Changpeng Zhao and Binance pleaded guilty to serious anti-money-laundering and related criminal charges, that Binance paid over $4.3 billion in penalties, and that reporting tied business dealings and a presidential pardon to transactions involving a Trump-family-linked company; the resolution presents these facts but does not create any legal requirements or change U.S. law. It records concerns about money flows to terrorists, foreign adversaries, and other criminals, and notes timing and market effects associated with a presidential pardon.

• The resolution records that Changpeng Zhao pleaded guilty to willfully failing to maintain an effective AML program while CEO of Binance.
• Binance pleaded guilty to multiple criminal charges and paid over $4.3 billion in penalties.
• The findings assert that Binance’s AML shortcomings allowed funds to reach terrorists, foreign adversaries, child abusers, and other criminals.
• Reporting is cited that representatives of the presidential family negotiated to purchase a Binance US stake while Zhao remained the largest shareholder.
• The resolution notes Zhao applied for a presidential pardon in April 2025 and later received a full pardon on October 23, 2025.
• It records a reported $2 billion Binance stake purchase by MGX using USD1, a stablecoin issued by World Liberty Financial, described as a Trump-family company.
• The findings state that World Liberty Financial’s value spiked hours after the pardon, according to reporting.
• The measure is purely a findings statement (preamble) and does not enact laws, change policy, or provide funding.