“Representatives of President Trump’s family have held talks to take a financial stake in the U.S. arm of crypto exchange Binance, a move that would put Trump in business with the firm that pleaded guilty in 2023 to violating anti-money-laundering requirements,” the Wall Street Journal reports.
“At the same time, Binance’s billionaire founder, Changpeng Zhao—who served four months in prison after pleading guilty to a related charge—has been pushing for the Trump administration to grant him a pardon… Zhao, widely known as CZ, remains Binance’s largest shareholder.”
So reading between the lines, the Trump family gets to buy into Binance if CZ gets a pardon.
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