• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Changpeng Zhao Denies WSJ Report on Trump Family's Binance.US Stake Purchase

user avatar

by Giorgi Kostiuk

a year ago

Former Binance CEO Changpeng Zhao has denied the Wall Street Journal's (WSJ) claim that the Trump family sought to buy a stake in the US arm of Binance.

Denial of Allegations

Zhao wrote in a March 13 post on platform X that the WSJ article was incorrect. He stated that there were no discussions with the Trump family about a Binance.US deal.

Sorry to disappoint, the WSJ article got the facts wrong.

Pushing for Presidential Pardon

Zhao did not explicitly deny the WSJ report that he is pushing for a presidential pardon. He claimed that more than 20 people told him the WSJ asked them to confirm a pardon deal.

They probably asked hundreds of people to have 20 people reach out to me.

Potential Trump Family Acquisition

The WSJ stated that a pardon would enable Binance to return to the US market and possibly simplify international business. It also highlighted the uncertainty of how the Trump family could acquire a stake in Binance.US and if it is contingent on Zhao receiving a pardon.

Zhao firmly denies the WSJ's claims, insisting that rumors about talks with the Trump family and seeking a pardon are inaccurate.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Institutional Growth Provides Long-Term Support for Solana

chest

Institutional growth provides long-term support for Solana, with a 59% quarter-over-quarter increase in RWA value driven by tokenized treasury products, and total value locked nearing $10 billion.

user avatarTando Nkube

American Bitcoin Corp Reaches 6,000 BTC Milestone Amidst Market Challenges

chest

American Bitcoin Corp has reached a significant milestone by holding 6,039 BTC, making it one of the top 20 public corporate Bitcoin treasuries globally.

user avatarKofi Adjeman

Potential Rebound for Bitcoin as Seasonal Tax Refunds Expected

chest

Analysts suggest that upcoming seasonal tax refunds could provide a liquidity boost for Bitcoin markets, potentially supporting a rebound.

user avatarNguyen Van Long

Senator Warren Issues Warning to Regulators on Crypto Support

chest

Senator Elizabeth Warren warns regulators against using public funds to support the crypto market, arguing it would benefit wealthy investors and risk public anger.

user avatarSatoshi Nakamura

NYDIG Research Debunks Quantum Computing Fears as Cause for Bitcoin's Price Drop

chest

NYDIG's research debunks fears that quantum computing is causing Bitcoin's price drop, attributing it instead to shifts in risk appetite.

user avatarJesper Sørensen

SGFORGE Unveils EUR CoinVertible on XRP Ledger

chest

SGFORGE has launched its euro stablecoin, EUR CoinVertible, on the XRP Ledger, marking a significant step in its multichain deployment strategy.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.