President Trump’s family has been weighing investments in binance.us. Report From the Wall Street Journal. This investment will be years after Binance’s U.S. weapons Enfessed Violation of anti-money laundering regulations.
As part of this plea, Binance founder Changpeng Zhao (renamed CZ) paid a $4.3 billion fine and spent four months in jail in 2023. He also agreed to resign from the CEO’s resignation – but remains a major shareholder in the cryptocurrency exchange.
according to Forbes ranking. WSJ claims he has been pushing for a pardon from the Trump administration.
Zhao’s conviction makes it difficult for Binance to find a business partner in the United States or apply for a crypto license in Europe. “I didn’t discuss the discussion about dealing with the United States…well, anyone,” Zhao explain In X’s post refuting the WSJ report.
But if the discussion between Binance and Trump family representatives is indeed happening, it seems to boil down to a simple question: What is the value of a presidential pardon?
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