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- White House Ramps Up Pardon Talks for Binance Founder
White House Ramps Up Pardon Talks for Binance Founder
Plus a new book about the history of women lawyers in the SDNY.
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Good morning! Here’s what’s up.

Clips ✂️
Possible pardon for ex-Binance CEO sparks debate inside White House
The White House has ramped up talks for a possible pardon of the high profile crypto tycoon Changpeng “CZ” Zhao – sparking a fierce debate inside the administration about optics as Trump’s family cuts a flurry of crypto deals, The Post has learned.
The 48-year-old founder of the giant crypto exchange Binance – who spent four months in US prison last year – said in May he petitioned President Trump for a pardon of his guilty plea over a single count of violating the Bank Secrecy Act and failing to maintain proper anti-money laundering controls when he was Binance’s CEO.
On Friday, this reporter broke the news on X that discussions inside the White House have recently heated up on the possibility of a Trump pardon, which could set the stage for CZ’s return to Binance, since he remains the company’s largest shareholder.
Binance CEO Changpeng Zhao leaving the U.S. District Court. Changpeng “CZ” Zhao, who spent four months in US prison last year, has said he petitioned President Trump for a pardon.
@binance@realDonaldTrump Thank you Charles. Great news if true. 🙏🙏🙏🙏
Minor correction, there were no "fraud" charges. I believe they (the DOJ under the last administration) looked very hard for it, but didn't find any.
I pleaded to a single violation of Banking Secrecy Act (BSA). 🙏
— CZ 🔶 BNB (@cz_binance)
9:27 PM • Oct 10, 2025
How ‘TBPN’ Became Silicon Valley’s Newest Obsession
John Coogan, Mr. Hays’ 36-year-old business partner, dressed nearly identically, looked on with a smirk. Mr. Coogan, who at 6-foot-8 towers over everyone he meets, was slouched in his chair to fit into the frame of the shot. The two sat at a table piled high with tech company swag, copies of that morning’s Wall Street Journal and Financial Times, a dozen half-empty cans of Yerba Mate and Diet Coke, and microphones and laptops.
At 11 a.m. on the dot each weekday, they begin livestreaming “TBPN” — “Technology Business Programming Network” — a three-hour-long chat show of boosterish commentary on the worlds of tech and business.
The “TBPN” formula is simple: Two self-aware fellas who treat techno-capitalism like a Fantasy Football league, chronicling a ticker-tape dribble of executive moves, corporate acquisitions, initial public offerings and venture capital funding. Call it SportsCenter for the terminally online M.B.A. grad.
👉 If you are interested in tech news/Silicon Valley business gossip, TBPN is made for you. It is really well done — like if “SportsCenter and LinkedIn merged,” per the NYT article. Here is a recent clip from a discussion with Sam Altman:
FULL INTERVIEW: OpenAI CEO Sam Altman on Sora, his battle with Hollywood, and the future of ads
— TBPN (@tbpn)
6:04 PM • Oct 11, 2025
This book tells the spectacular history of women lawyers at the U.S. Attorney’s Office for the Southern District of New York (SDNY). SDNY is a storied institution, the oldest federal prosecutor’s office in the United States and its most renowned—and a critical player in New York City’s high-stakes legal arena. But its history has been only sparsely written about, and this is the first book to share the riveting account of how SDNY’s doors came to open to women lawyers.
👉 A new book by Lisa Zornberg, a partner at Morvillo Abramowitz in New York City and former Chief of the Criminal Division in the SDNY. I like the cover!

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Securities Enforcement Forum D.C. 2025 is set for Thursday, October 30, 2025 at the historic Mayflower Hotel! Join us in person or tune in virtually to hear from 40+ luminaries in the securities enforcement field—including numerous senior officials from the SEC, in-house counsel from major corporations, and lawyers and consultants from the best firms and in the world.
👉 Please register here. See you October 30 in D.C.!!!
"Financial Firms —SEC Enforcement Priorities, Regulation and Protection of Retail Investors"
Panelists:
Greg Bruch, Partner, Bruch Law Group PLLC
George Kostolampros, Partner, Venable LLP
C. Dabney O'Riordan, Partner, Fried Frank
Robert Pommer, Partner, Proskauer Rose LLP
Howard— Securities Docket (@SecuritiesD)
9:51 PM • Aug 27, 2025

X
👉 Nobel Peace Prize insider trading is now a thing.
A Polymarket user figured out who won the Nobel Peace Prize almost 11 hours before the official announcement from the Nobel Committee.
The Nobel Committee just got front-run by the internet.
The market was trading at $0.08 and rose to $1.00, a 100x gain for those who got in
— Car (@CarOnPolymarket)
9:28 AM • Oct 10, 2025
You can’t spell crypto without cry
— greg (@greg16676935420)
11:48 PM • Oct 10, 2025
Citadel’s move from Chicago ‘not hard,’ billionaire Ken Griffin says, citing crime and taxes trib.al/4QwMUpP
— New York Post (@nypost)
11:50 PM • Oct 12, 2025
SOMEONE JUST OPENED A #BITCOIN SHORT 30 MINS BEFORE TRUMP'S TARIFF ANNOUNCEMENT AND JUST CLOSED WITH $88,000,000 PROFIT
HE OPENED THIS ACCOUNT TODAY 👀
— Vivek Sen (@Vivek4real_)
11:09 PM • Oct 10, 2025