CBS Evening News Omits Coverage of Trump's Pardon of Binance Founder
CBS Evening News did not report on President Trump's pardon of Binance founder Changpeng Zhao, a story covered by other major networks.
On October 23, 2025, President Donald Trump pardoned Changpeng Zhao, founder of Binance, the world's largest cryptocurrency exchange. Zhao had previously pleaded guilty to violating the Bank Secrecy Act by allowing illicit financial activities on Binance, including transactions linked to terrorism and drug trafficking. He served four months in prison and stepped down as CEO in 2024.
The pardon was widely reported by major news outlets, including ABC, PBS, Fox News, CNN, The New York Times, and Reuters. However, CBS Evening News did not mention the pardon in its October 23 broadcast. The program led with stories on an NBA gambling scandal, the administration's military campaign against drug trafficking in South America, and interviews regarding ICE crackdowns in Chicago. Later segments covered the demolition of the White House's East Wing for a new ballroom and the federal government shutdown's impact on U.S. airports.
The omission is notable given Zhao's financial ties to the Trump family's cryptocurrency ventures, such as World Liberty Financial. Critics have raised concerns about potential conflicts of interest, as Binance supported World Liberty Financial, a Trump family-backed cryptocurrency company.
CBS News did cover the pardon in a written piece on its website, updated at 6:33 p.m. ET on October 23, and its official X feed posted about the pardon at 7:30 a.m. PT the following day. However, the absence of coverage on the CBS Evening News broadcast has drawn attention. CBS News representatives did not respond to requests for comment on this omission.
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