Binance founder Changpeng “CZ” Zhao has denied the reports of a deal with the Trump family concerning a stake in Binance US and seeking a presidential pardon.
WSJ Claims and Zhao's Response
The Wall Street Journal recently reported about the Trump family's alleged talks to buy a stake in Binance US, and Zhao's pursuit of a pardon following his 2023 guilty plea. CZ responded on X, saying the claims were false.
Denial and Publication Reasons
Zhao stated that WSJ and other media outlets tried to contact hundreds of people to verify the story. He emphasized that he had never discussed a Binance US deal with anyone. Zhao suggested the article was politically motivated, targeting the crypto industry.
Political Context of the Article
Besides criticizing the report, Zhao noted it was aimed at both Trump and the crypto industry, reflecting an ongoing 'war on crypto' in the US. He humorously noted the WSJ's mention of a potential pardon.
Changpeng Zhao firmly denies any involvement with the Trump family and considers WSJ's claims inaccurate and politically charged.
