
CZ Attends Crypto Event in Florida Hosted by Trump Family
Changpeng Zhao, the former head of Binance, made a notable appearance at a Trump-backed cryptocurrency event this week, marking his return to the U.S. following his release from prison.
Former Binance CEO Changpeng Zhao, also known as CZ, has made headlines this week with his return to the United States after a significant absence following his release from a California federal prison. This visit coincided with a large-scale convention at Mar-a-Lago that was hosted by the Trump family in Florida and attracted about 500 attendees, showing a clear intersection of politics and the cryptocurrency realm.
CZ’s Involvement in the Crypto Event
Reports from the Wall Street Journal indicated that the gathering featured esteemed figures from finance, technology, and entertainment. Noteworthy attendees included David Solomon, CEO of Goldman Sachs; Lynn Martin, President of the New York Stock Exchange; and Kevin O’Leary, a prominent face on Shark Tank. Binance’s Brian Armstrong was also present, along with rapper Nicki Minaj, who actively participated in a discussion that day.
Zhao documented his experience on social media, mentioning in a post that he gleaned significant insights during a presentation by a federal crypto regulator, captioning it with, “Learned a lot.”
Since being barred from operating in the U.S. in 2023 for violating anti-money-laundering regulations, Zhao faced legal consequences which included a plea related to those offenses, culminating in a four-month prison sentence completed in September 2024. Shortly thereafter, he aimed to re-enter the American market, buoyed by a presidential pardon from Donald Trump in October 2025.
World Liberty Financial’s Future Goals
During the event, the leadership at World Liberty Financial, represented by Zach Witkoff, laid out a visionary plan for the cryptocurrency sector. Witkoff likened their ambitions to create a new monetary order akin to the historical Bretton Woods Conference in 1944. Additionally, the Trump siblings highlighted the notable scale of this crypto event, with Donald Trump Jr. humorously contrasting it to past standards and Eric Trump claiming it offered a superior experience compared to gatherings like the World Economic Forum held in Davos.
Their firm is also pushing a new stablecoin, USD1, and has plans for digital tokens that would generate revenue from a development project in the Maldives.
This event not only spotlighted Zhao’s reentry into the crypto space but also pointed to a significant blend of cryptocurrency ventures with political networks, enhancing the visibility and influence of digital assets within the broader financial landscape.
