Bitcoin News Update: Trump's CZ Clemency Fuels WLFI Rally, Warren Raises Concerns Over Political Misconduct

World Liberty Financial's (WLFI) native token jumped more than 15% within a single day after U.S. President Donald Trump issued a controversial pardon for Changpeng Zhao, the former CEO of Binance. This move has ignited discussions around the influence of politics and regulatory approaches in the cryptocurrency sector, as reported by

. The token, which has connections to Trump’s blockchain projects, reached $0.14, breaking out of a prolonged consolidation period amid a surge in trading activity and speculation, according to .

The pardon, made public on October 23, 2025, was described by

as a response to what he labeled as the Biden administration’s “war on crypto.” Zhao, who had served four months in prison after admitting guilt to anti-money laundering violations, thanked Trump on X and pledged to “make America the Capital of Crypto,” as detailed in . The decision is widely seen as a calculated advantage for , the token of , a company that previously collaborated with Binance on a $2 billion investment involving its stablecoin.

Market experts observed that WLFI’s price increase outperformed leading cryptocurrencies such as

and , which only saw gains of 1.5–1.7% during the same timeframe, according to . WLFI’s trading volume soared by 150–170%, lifting its market value to $3.5 billion. Technical analysis indicates the token may the $0.17–$0.20 range if it remains above $0.135, but a drop below this level could see it revisit $0.125–$0.130.

The political fallout from the pardon has sparked strong backlash. Senator Elizabeth Warren denounced the action as “corruption,” pointing to Zhao’s previous financial involvement with Trump’s stablecoin initiative. “If Congress does not stop this kind of corruption, it owns it,” Warren posted on social media, raising alarms about possible conflicts of interest. Detractors claim that Binance’s use of World Liberty Financial’s USD1 stablecoin in a 2024 agreement with Abu Dhabi-based MGX established a “transactional relationship” that may have swayed Trump’s decision.

Zhao, meanwhile, rejected Warren’s accusations, asserting that she had “misrepresented” his legal situation and accused her of using a “war on crypto” narrative to rationalize the pardon. Binance, which added WLFI to its listings in September, has since distanced itself from the token, though public support from its leadership for Zhao’s return has fueled optimism about the future of U.S. crypto policy should Trump return to office.

WLFI’s rally highlights the growing impact of political events on cryptocurrency markets. As Trump’s pro-crypto stance gains momentum, tokens linked to his associates or projects are attracting renewed investor attention. Nonetheless, the pardon has also increased scrutiny of the relationship between political power and digital asset ventures, with lawmakers and regulators expected to face mounting calls to address potential conflicts of interest.

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