Binance Founder Refutes WSJ Reports of Trump Plans To Buy Stake in US Arm of the World’s Largest Crypto Exchange
Former Binance CEO Changpeng Zhao is pushing back on a Wall Street Journal report that Donald Trump has held talks with Binance to buy a stake in Binance.US.
Earlier today, the WSJ reported that the Binance founder “pushed” for the Trump administration to pardon him for his 2023 guilty plea for violating US anti-money laundering requirements.
CZ was released from prison last October after serving a four-month sentence.
After today’s report, Zhao took to the social media platform X to deny the journal’s claims.
“Sorry to disappoint. The WSJ article got the facts wrong.
More than 20 people have told me they were asked by the WSJ (and another media), “Can you confirm that CZ made some deal for a pardon?”
They probably asked hundreds of people to have 20 people reach out to me. In essence, they tried hard to make a story to report.”
According to Zhao, he did not discuss a Binance US deal with anyone.
“No felon would mind a pardon, especially being the only one in US history who was ever sentenced to prison for a single Bank Secrecy Act charge.
Feels like the article is motivated as an attack on the President and crypto, and the residual forces of the “war on crypto” from the last administration are still at work.
I am always happy to make crypto great everywhere, US and the rest of the world.
It’s good to see that even WSJ thinks I should be pardoned.”
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The post Binance Founder Refutes WSJ Reports of Trump Plans To Buy Stake in US Arm of the World’s Largest Crypto Exchange appeared first on The Daily Hodl.