• 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

Analysts Maintain Positive Outlook on Nvidia Stock After Deal Restructuring

chest

Analysts maintain a positive outlook on Nvidia's stock despite the restructuring of the Nvidia OpenAI deal, with a high average price target and strong investor confidence.

user avatarLi Weicheng

Nvidia Restructures OpenAI Deal to $30 Billion Equity Stake

chest

Nvidia has restructured its deal with OpenAI, reducing its commitment from $100 billion to a $30 billion equity stake.

user avatarAisha Farooq

Goldman Sachs Expands Crypto Exposure Beyond Bitcoin

chest

Goldman Sachs has diversified its cryptocurrency holdings, now including Ethereum, XRP, and Solana, while CEO David Solomon shares his personal Bitcoin investment.

user avatarTenzin Dorje

Crypto Market Faces Significant Outflows Amid Bearish Sentiment

chest

The cryptocurrency market is currently facing a bear market, characterized by significant outflows from crypto funds.

user avatarBayarjavkhlan Ganbaatar

XRP Price Trends Show Weak Momentum and Potential Support Levels

chest

XRP has corrected by approximately 40% since the start of the year, indicating weak momentum and potential support levels.

user avatarMohamed Farouk

Balaji Srinivasan Highlights Zcash's Scalability and Privacy Benefits

chest

Balaji Srinivasan highlights Zcash's scalability and privacy benefits, advocating for its potential growth in the cryptocurrency market.

user avatarDiego Alvarez

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.