Amendment · S.Amdt. 5722· Senate(119-SAMDT-5722)

S.Amdt. 5722

Age: 79 years

Vermont

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

What this amendment would do

This amendment, submitted by Mr. Welch, aims to add a section to bill S. 2 that condemns the pardon of Changpeng Zhao.

The amendment provides the following findings:

Changpeng Zhao, the CEO and founder 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 the plea agreement.
World Liberty Financial has business ties to Binance Holdings Ltd. and is owned in part by members of President Donald J. Trump's family and President Donald J. Trump.
President Donald J. Trump pardoned Mr. Zhao on October 23, 2025.