Be a part of Our Telegram channel to remain updated on breaking information protection
Former Binance CEO Changpeng Zhao, aka CZ, denied a report by the Wall Road Journal (WSJ) that the Trump household had mentioned shopping for a stake within the US arm of Binance, whereas saying he’s open to a presidential pardon.
”Sorry to disappoint,” CZ wrote in a March 13 publish on X. ”The WSJ article obtained the info incorrect.”
The WSJ cited sources conversant in the matter as saying the Trump household had held talks with representatives of Donald Trump’s household final 12 months to accumulate a stake in Binance.US, the US enterprise of the world’s largest crypto change,
On the similar time, it added, billionaire Binance co-founder CZ has been ”pushing for the Trump administration to grant him a pardon.”
CZ Hits Again At WSJ Report
CZ hit again on the WSJ in his publish on X, saying its article is a politically motivated “assault on the President and crypto.”
He added that the “residual forces” that had been chargeable for the “battle on crypto” underneath the earlier US administration appear to nonetheless be at work.
“Reality: I’ve had no discussions of a Binance US cope with … properly, anybody,” CZ stated.
CZ Pushing For Presidential Pardon, WSJ Says
CZ didn’t explicitly deny the WSJ’s report that he’s pushing for a presidential pardon. He stated that greater than 20 folks had instructed him the WSJ had requested them to verify that he had made a deal for a pardon.
“In essence, they tried onerous to make a narrative to report,” he stated. “No felon would thoughts a pardon, particularly being the one one in US historical past who was ever sentenced to jail for a single BSA cost,” he added, referring to the Financial institution Secrecy Act.
4. Sorry to disappoint. The WSJ article obtained the info incorrect.
Greater than 20 folks have instructed me they had been requested by the WSJ (and one other media), “Are you able to affirm that CZ made some deal for a pardon?”
They most likely requested a whole bunch of individuals to have 20 folks attain out to me. In… https://t.co/ELyDPmKD3G
— CZ 🔶 BNB (@cz_binance) March 13, 2025
The WSJ story stated a pardon for CZ would allow Binance to return to the US market, and may also make it simpler for the change to do enterprise overseas.
It added that it was unclear how the Trump household may take a stake in Binance.US, and whether or not it was contingent on CZ receiving a pardon.
The Trump household might purchase a stake in Binance in varied methods, together with a deal through World Liberty Monetary, their cryptocurrency enterprise, the WSJ stated.
Associated Articles:
Greatest Pockets – Diversify Your Crypto Portfolio
- Simple to Use, Characteristic-Pushed Crypto Pockets
- Get Early Entry to Upcoming Token ICOs
- Multi-Chain, Multi-Pockets, Non-Custodial
- Now On App Retailer, Google Play
- Stake To Earn Native Token $BEST
- 250,000+ Month-to-month Lively Customers
Be a part of Our Telegram channel to remain updated on breaking information protection
