Seven Democratic senators have sent an open letter to Attorney General Pam Bondi and the Justice Department, demanding an explanation for President Trump's decision to pardon Binance co-founder CZ. The senators accused the pardon of sending a message that "crime can be committed with impunity" to the cryptocurrency industry and questioned a financial connection between Trump and Binance. The letter mentions that World Liberty Financial, the Trump family's decentralized finance platform, has business dealings with Binance, and reports indicate that Binance has paid large sums of money to Trump-related lobbyists. CZ has previously admitted to violating the Bank Secrecy Act, and the senators worry that the pardon will weaken federal law enforcement's ability to combat cryptocurrency crime. (Cointelegraph)