• 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

10 months 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

Lambda256 Expands Tokenization Capabilities to Real-World Assets

chest

Lambda256 expands its platform to include the tokenization of real-world assets like real estate and commodities, enhancing investment opportunities and market efficiency.

user avatarJacob Williams

Lambda256 Launches Innovative STO Platform in South Korea

chest

Lambda256 has launched an innovative Security Token Offering (STO) platform in South Korea to digitize traditional securities and enhance the digital asset infrastructure.

user avatarAndrew Smith

Clapp Finance Introduces Flexible Savings for Crypto Investors

chest

Clapp Finance introduces a new high-yield savings product allowing users to earn interest on various digital assets without locking funds.

user avatarAyman Ben Youssef

OKX TR Announces Delisting of Cryptocurrency Pairs

chest

OKX TR has announced the delisting of certain cryptocurrency pairs, including ULTI, GEAR, VRA, DAO, CXT, RDNT, and ELON tokens, to maintain transaction quality in its spot markets. The delisting will occur in two phases on January 27 and January 30, 2026.

user avatarZainab Kamara

Elon Musk Opens X's Recommendation Algorithm to the Public

chest

Elon Musk has announced that X's recommendation algorithm is now open-sourced and available for public evaluation on GitHub, aiming to enhance transparency and allow for collaborative development.

user avatarSon Min-ho

Insider Trading Concerns Intensify in Prediction Markets

chest

Concerns over insider trading in prediction markets have intensified due to high-profile bets on geopolitical events, highlighting the challenges of enforcement and the need for KYC measures.

user avatarKofi Adjeman

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.