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Senate Condemns Pardon of Binance Founder for Money Laundering Violations.

The US Senate strongly condemns the President's decision to pardon the founder of a major cryptocurrency exchange who pleaded guilty to violating anti-money laundering (AML) laws. While this resolution does not enact new laws, it highlights serious concerns regarding the integrity of financial security and potential conflicts of interest that could undermine efforts to combat terrorism financing and organized crime. Citizens should note that Congress is being urged to act to safeguard the legal and financial system's integrity.
Key points
The Senate denounces the pardon granted to an individual convicted of willfully allowing funds to flow to terrorists and criminals due to failed financial controls.
It calls on Congress to use its authority to stop this form of corruption, potentially leading to future legislation limiting presidential pardon power or addressing conflicts of interest.
The resolution notes financial ties between the pardoned individual and the President's family cryptocurrency company, raising questions about the impartiality of the decision.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_SRES_466
Sponsor: Sen. Warren, Elizabeth [D-MA]
Process start date: 2025-10-23
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

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.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_SRES_466.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-10-23.

What are the main provisions?

Key points include:

  • The Senate denounces the pardon granted to an individual convicted of willfully allowing funds to flow to terrorists and criminals due to failed financial controls.
  • It calls on Congress to use its authority to stop this form of corruption, potentially leading to future legislation limiting presidential pardon power or addressing conflicts of interest.
  • The resolution notes financial ties between the pardoned individual and the President's family cryptocurrency company, raising questions about the impartiality of the decision.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Warren, Elizabeth [D-MA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Courts and Law Security Economy