President Donald Trump has pardoned Binance founder Changpeng Zhao, who pleaded guilty to a money laundering charge in 2023, the White House said Thursday.
White House press secretary Karoline Leavitt said in a statement that Trump “exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency.” The move could open the door for Binance, the world’s largest crypto exchange and the host of the Trump family’s crypto firm, to operate in the US again.
Read more…
Source: CNN News
Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox
Related:
- An unnamed US county paid $1M extortion demand to cybercriminals
July 9, 2026
A US county reportedly paid $1 million to Kairos, an extortion gang that claimed to have stolen more than 2 TB of data, but the county never received independently verifiable proof that the stolen files had been deleted – just the criminals’ promise. This means the county’s stolen files may turn up for sale on a ...
- 6.9 million driver’s license numbers stolen from AssuranceAmerica
July 9, 2026
Insurance provider AssuranceAmerica has confirmed a data breach affecting the personal information and driver’s license numbers of up to 6.9 million people. AssuranceAmerica provides car and rental insurance to customers across 14 US states through a network of over 9,500 independent agents. The breach notice letter also mentions information about customers’ auto insurance policies and accounts, their drivers and ...
- Hacktivists call out Trump by hacking and defacing US Army websites
July 7, 2026
The U.S. Army has reportedly fixed two of its websites that had been defaced to display pro-Kurdish messages and to call out President Donald Trump, the latest case of hackers compromising systems run by the federal government in recent months. Security researcher Ronald Lovelace told Cyberscoop, which first reported the defacements, that error pages were modified on two U.S. Army ...
- NetNut cracked as Google and FBI target 2 million-device botnet
July 3, 2026
Tech companies working with US law enforcement “significantly degraded” the NetNut residential proxy network as part of an ongoing effort to disrupt the tools cybercriminals use to conceal their activity, say researchers. The work was carried out by Google, Lumen, Shadowserver, the FBI, and others, and marks a continuation of the IPIDEA proxy network disruption from January. According to Google Cloud, ...
- FBI: Cyber Criminal Group TeamPCP
July 2, 2026
The Federal Bureau of Investigation (FBI) is releasing this FLASH to highlight the tactics, techniques, and procedures (TTPs) and indicators of compromise (IOCs) associated with the cyber criminal group TeamPCP. TeamPCP actors have conducted large-scale software supply chain compromises by targeting widely used developers and security tools, gaining access to victim environments and extracting sensitive ...
- Hackers breached DHS information-sharing network
June 30, 2026
A key Department of Homeland Security information-sharing database was accessed by an unknown threat actor in recent weeks, potentially exposing sensitive data exchanged between federal, state, local and industry partners, according to two people familiar with the matter. DHS investigators are probing the intrusion of the Homeland Security Information Network, said both people, who spoke on ...