A recent report claims that the Trump family was holding talks to take a stake in the Crypto Exchange Binance arm, which could facilitate the return of the company to the country. At the same time, he claimed that the founder of the stock exchange, Changpeng Zhao, also known as “CZ”, “pushes” to pardon the Trump administration.
Trump’s family in the “Deal talks” for Binance US Stake?
Thursday, The Wall Street Journal (WSJ) I mentioned Representatives of the family of US President Donald Trump have had talks to obtain a financial share in Binance Us since 2024. According to people familiar with the matter, talks started as part of the global exchange plan to return to the United States.
According to Bennes, the Trump camp called, as he presented a commercial deal with the presidential family. The company “started exploring a return to the American market last year at the time of winning the Trump elections” and “I told people that it is ready to conclude a company with Trump and wanted to eliminate its legal problems,” says the report.
However, it was not clear how the Trump family’s share would meet if a deal was concluded. WSJ sources said that the options included the deal that is going through the Trump family encryption project, the world, Liberty Financial (WLF).
Moreover, Steve Whitchov, the US special envoy to the Middle East, was apparently participating in the deal talks. Witkoff is a co -founder of WLF, but a Trump administration official denied any involvement, adding that “in the process of getting rid of his commercial interests.”
The report claims that “after Trump’s victory, Binance created a working group during the era of CEO Richard Ting, who included senior compliance staff, to assess options. Executive officials knew that Zhao’s condemnation is complicating any return, as it would be difficult to register new commercial partners in the United States with a criminal as a majority shareholder.”
As a result, the company’s CEO saw “a potential legal book at the Justin Sun epic”, which was recently the Securities and Stock Exchange Committee (SEC) had stopped a lawsuit against him. This road was composed of “cash pumping in the world financial freedom in exchange for a pardon for Zhao,” the sources told the news media.
CZ denies “payment” requests for pardon
The report also stated that Changpeng Zhao, the co -founder of Binance and the largest interest in interest, was “pushing for the Trump administration to give him an amnesty” amid the deal talks, which was claimed that it continued after the opening of the American President.
The news caused anger among many encryption investors, who considered the potential financial deal for “cherry in the foreground” one of the recent differences of Trump and Melanikoin.
Chic Checkzina responded to the report, and rejected these allegations. In the X Publishing, he stated, “WSJ’s article was wrong in the facts.” He explained that more than 20 people informed him that they were asked to confirm the “amnesty deal” by WSJ and other media.
Changpeng Zhao denies WSJ's allegations. Source: CZ on X
According to the Binance founder, he has not discussed our dealings with anyone, but no general is in pardon, especially as he is the only one in the history of the United States who has been sentenced to ever prison on one BSA.
For him, “They tried hard to make a story of reporting”, while the article appears to “an attack on the president and encryption, and the remaining forces of” war on encryption “from the last administration are still at work.”
At the same time, Bloomberg I mentioned On Thursday, WLF discussed “doing business with the largest digital asset exchange in the world, Binance Holdings Ltd., according to four people with knowledge of conversations.”
The article stated that it is not clear what stage has reached these discussions, but it included the possibility of exchanging encryption to develop the US -backed Stablecooin with the Trump family encryption project.
BNB trades at $587 in the one-week chart. Source: BNBUSDT on TradingView
Distinctive photo of Unsplash.com, Chart from Tradingview.com
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