
Sen. Jeanne Shaheen
@SenatorShaheen
Binance processed billions worth of illicit finance, including from known terrorist organizations and drug traffickers. @POTUS pardoning Binance's CEO after the company boosted President Trump's own crypto venture is a corrupt and blatant betrayal of American interests.

Rebecca Ballhaus
@rebeccaballhaus
NEWS: Trump has pardoned Changpeng Zhao, the convicted founder of the crypto exchange Binance, following months of efforts by Zhao to boost the Trump family’s own crypto company. w/@jdawsey1 @kowsmann @AABerwick wsj.com/finance/curren…
2025-10-23T15:10:17.000Z
2025-10-24T21:51:24.000Z
Analysis on Stance
Add your own analysis on this stanceAnalyzing a tweet from Senator Jeanne Shaheen from back in October 2025.
In this post, the Senator condemns a hypothetical presidential pardon of Binance's former CEO, linking it to political corruption and stating the company "processed billions worth of illicit finance, including from known terrorist organizations and drug traffickers."
This stance is rated as "Very Against Crypto" (0/100) because it employs a common anti-crypto tactic: using the actions of a single entity to paint the entire industry as inherently criminal. The focus is exclusively on the most inflammatory aspects of illicit finance, framing crypto as a tool for terrorism and drug trafficking. This is not a constructive call for a clear regulatory framework to curb bad actors; it's a broad condemnation intended to associate the technology itself with criminality in the public mind.
This position is consistent with Senator Shaheen's broader record. She has repeatedly voted against pro-crypto legislation, including measures to provide regulatory clarity for stablecoins (the GENIUS Act) and to overturn the SEC's restrictive SAB 121. Furthermore, she co-sponsored the Digital Asset Anti-Money Laundering Act, underscoring that her legislative focus is primarily on enforcement and restriction, not on fostering innovation or creating balanced "rules of the road" for the industry.
Attn. Granite Staters: beware of crypto investment scammers infiltrating & targeting community groups. Be cautious of people pushing crypto, research before you invest and say no to anyone requesting payments by crypto, wire transfer or gift card.