But critics argued that pardoning Zhao — a Chinese-born billionaire who goes by “CZ” and has long been considered crypto’s richest man — was a corrupt act.

U.S. President Donald Trump has pardoned Changpeng Zhao, the convicted founder of the Binance cryptocurrency exchange, the White House said Thursday, in the latest move by Trump to boost the crypto in...

Stark images showing heavy machinery chipping away at the extension have reverberated around the globe, causing dismay among many.