Rumors about Trumps buying stake in Binance.US appeared in the media
US President Donald Trump's family discussed the possibility of buying a stake in the US division of the Binance exchange, WSJ reports, citing sources.
Update:
Zhao denied the WSJ report, saying no such talks took place.
He claims that journalists approached “hundreds of people” to push them to confirm the alleged agreement. Among those who contacted CZ, more than 20 said they were asked questions about the existence of the deal.
The businessman noted that the publication could be an attempt to discredit cryptocurrencies and the US President. In his opinion, the article reflects the ongoing pressure on the digital asset industry left over from the last political cycle.
Negotiations began in 2024, when representatives of the trading platform were looking for partners to restore their positions in the United States.
The deal could involve the Trump family's DeFi project World Liberty Financial (WLFI). However, according to sources, the final terms of the agreement have not been determined.
The discussions could be related to a request for a pardon for Binance founder Changpeng Zhao (CZ), insiders said.
In 2023, CZ paid a $50 million fine and received four months in prison. In September, the businessman was released and remained the largest shareholder of the exchange.
Binance.US is gradually resuming operations in the country after regulatory issues. In 2023, the SEC filed a lawsuit against Binance, accusing the platform of violating laws.
The US unit then suspended dollar deposits. The exchange resumed operations last month.
Recall that in February, WLFI announced a “strategic crypto reserve,” and in March it bought ETH for $10 million, WBTC for $10 million, and MOVE for $1.5 million.
Источник: cryptocurrency.tech
