Amendment · S.Amdt. 4724· Senate(119-SAMDT-4724)

S.Amdt. 4724

Age: 79 years

Vermont

Changes bill: 119-S-1383 — Veterans Accessibility Advisory Committee Act of 2025

This amendment was never taken up, and the bill finished without it. It was never voted on.

What this amendment would do

SA 4724, submitted by Mr. Welch, aims to add a section to bill S. 1383 that condemns the pardon of Changpeng Zhao.

The amendment adds the following details:

Changpeng Zhao, the founder and CEO of Binance Holdings Ltd., pleaded guilty to not maintaining an effective anti-money laundering program and was sentenced to 4 months in prison.
Binance Holdings Ltd. admitted to sanctions violations, unlicensed money transmitting, and anti-money laundering.
Binance Holdings Ltd. agreed to pay a criminal fine of $1,805,475,575 and forfeit $2,510,650,588 as part of a plea agreement.
World Liberty Financial is owned in part by members of President Donald J. Trump's family and President Donald J. Trump, and has many business ties to Binance Holdings Ltd.
President Donald J. Trump pardoned Mr. Zhao on October 23, 2025.