US EditionTrump said he knows 'nothing' about the crypto billionaire he pardoned
Trump pardoned Binance founder despite claiming ignorance of him amid ties to the Trump family’s $2 billion crypto venture, raising concerns of pay-for-play and national security.
- Last month, President Donald Trump pardoned Changpeng Zhao, Binance founder, who pleaded guilty in 2023 and served four months, though Trump said on CBS News' 60 Minutes he did not know him.
- Binance built the technology behind World Liberty Financial's USD1 stablecoin, and an Emirati state-backed fund, MGX, used it to invest $2 billion; members of the Trump family own more than half of World Liberty Financial.
- Rep. Jerry Nadler denounced the pardon as `a shameful abuse of power and a mockery of justice`, while Karoline Leavitt, White House press secretary, defended it as part of a `war on cryptocurrency` and said it was `thoroughly reviewed`.
- The pardon lifts prior restrictions on Changpeng Zhao but regulators' response remains unclear, while observers say it may pave the way for Binance platform's U.S. comeback.
72 Articles
72 Articles
Terrorism’s crypto financiers & Trump’s clemency habit
It is bad for a financial institution to be convicted of helping to launder money, but it is catastrophic to be convicted of helping to finance terrorism. This is why the civil case recently launched in North Dakota against Binance, in which the crypto giant is accused of helping “Hamas, Hezbollah, Palestinian Islamic Jihad, and Iran’s IRGC-QF, to move and conceal over one billion dollars through its global platform”, is so significant. …
Letter: People mustn’t lose track of president’s grifting ways
President Donald Trump creates such daily chaos that it’s hard to keep track of what’s important — like the Epstein files and his prodigious grifting. World Liberty Financial was founded by the Trump family last November. The Wall Street Journal says that in May the United Arab Emirates bought enough World Liberty USD1 stablecoins to make a $2 billion investment in Binance. Then the UAE got access to advanced American computer chips.Trump pardon…
Donald Trump ensures that he does not know the man he has just pardoned, Changpeng Zhao, founder of Binance. He justifies his decision by attacking his old enemy. ...
Trump Remarked He Doesn't Know Crypto Billionaire Changpeng Zhao Amid Pardon Controversy — Senator Hits Back, 'He Thinks We're So Dumb'
President Donald Trump distanced himself from Binance (CRYPTO: BNB) founder Changpeng “CZ” Zhao, amid heavy criticism over his pardon of the cryptocurrency mogul.
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