Could Trump Pardon Do Kwon as Same as Changpeng Zhao’s Pardon?

After President Donald Trump granted a pardon to Binance founder Changpeng Zhao, discussions have intensified within the Luna Classic community about whether Terraform Labs co-founder Do Kwon could receive similar treatment.

Do Kwon, known for his role in the 2022 Terra ecosystem collapse that erased billions in market value, continues to face legal challenges in both the United States and South Korea. Arrested in 2023 for document forgery while attempting to flee the country, Kwon remains entangled in international legal battles involving extradition and alleged financial misconduct.

Trump’s pardon of Zhao is being interpreted by analysts as a sign of a more forgiving stance toward crypto related offenses, especially for figures seen as innovators rather than criminals. During his White House address, Trump expressed support for “blockchain leaders who drive innovation responsibly,” a remark many see as signaling openness to additional pardons within the digital asset sector.

While Do Kwon’s case is far more controversial due to the massive financial damage linked to the Terra collapse, some political observers argue that Trump’s broader pro crypto agenda could make such a move possible. Others warn that a pardon for Kwon would invite sharp criticism from regulators and investors still seeking accountability for the losses caused by the crash.

As the Trump administration continues shaping its cryptocurrency policies, the question remains whether Do Kwon could be pardoned in the same way as Changpeng Zhao—a scenario that would undoubtedly reignite global debate across both political and financial circles.