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Trump Family May Consider Acquiring a Stake in Binance US

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by Giorgi Kostiuk

7 hours ago

The Trump family is negotiating a potential stake purchase in Binance US, as former Binance CEO CZ Zhao reportedly seeks a presidential pardon.

Trump's Interests in Crypto

Donald Trump has shifted to being a proponent of crypto. In 2024, Trump and his sons backed the DeFi project World Liberty Financial (WLF), and the family launched their tokens on Solana.

CZ's Pardon Request

Reports suggest CZ Zhao reached out to Trump's allies for a pardon after admitting to violating U.S. anti-money laundering laws. Zhao denies connections to a potential Binance US deal.

WSJ got the facts wrong. I have had no discussions of a Binance US deal.

Crypto Community's Reaction

The potential deal has divided opinions. Optimists see increased legitimacy for the industry, while skeptics fear centralization and personal financial interests influencing decisions.

If a deal is made, this could mark a significant point for U.S. crypto regulation. Trump's crypto involvement and CZ Zhao's pardon request remain key topics.

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