Trump's Binance Deal Sparks Accusations of Political Kleptocracy

Binance founder Changpeng Zhao (CZ) is reportedly seeking a presidential pardon from Donald Trump, even after serving a four-month prison sentence. Binance is also reportedly negotiating with Trump-affiliated entities, including World Liberty Financial (WLF), to secure investment, while in exchange, Binance could shift significant operations to the U.S., The Wall Street Journal reported Thursday, citing sources familiar with the matter. CZ Denies WSJ Report Amid Binance U.S. Revival Binance founder and former CEO Changpeng Zhao (CZ) denies reports that the Trump family is negotiating to acquire a stake in Binance’s U.S. division. He responded on X, dismissing the claims.

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