Trump Family In Talks For Stake In Binance As Changpeng Zhao Seeks Presidential Pardon

The Wall Road Journal (WSJ) reported that the representatives of US President Donald Trump’s household held discussions with Binance about doubtlessly buying a stake on the planet’s largest cryptocurrency trade.

On 13 March 2025, the WSJ stated that Binance reached out to Trump’s household representatives in 2024, providing a enterprise deal as a part of a broader technique to resume Binance. This transfer additionally comes at a time when Binance ex-CEO Changpeng Zhao is in search of a Presidential pardon.

Criticizing the report, Zhao stated, “No felon would mind a pardon, especially being the only one in US history who was ever sentenced to prison for a single BSA charge.”

The WSJ report additionally recommended that Trump would possibly purchase a stake in Binance or use his crypto enterprise, World Liberty Monetary (WLFI), for the same deal.

BREAKING: Trump Family Has Been in Talks for Stake in Crypto Alternate Binance, Sources Say – WSJ$BNB > 600 pic.twitter.com/fyP4brUZOw

— HodlFM Workforce (@Hodl_fm) March 13, 2025

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Trump And Zhao Criticize TSJ

4. Sorry to disappoint. The WSJ article obtained the info improper.

Greater than 20 folks have instructed me they had been requested by the WSJ (and one other media), “Can you confirm that CZ made some deal for a pardon?”

They in all probability requested tons of of individuals to have 20 folks attain out to me. In…

— CZ BNB (@cz_binance) March 13, 2025

For Binance, this potential partnership represents a vital alternative to re-enter the US market after going through vital regulatory challenges.

Zhao, who served 4 months in jail within the US after pleading responsible to violating anti-money laundering necessities, has been pushing for the Trump administration to grant him a pardon. In the previous, the corporate’s US arm noticed its market share plummet from 27% to only over 1% following regulatory actions.

Reportedly, Steve Witkoff, a very long time Trump pal who serves as his particular envoy to the Center East, has been concerned within the negotiations.

In the meantime, Trump has criticized the WSJ. “The Globalist Wall Street Journal has no idea what they are doing or saying. They are owned by the polluted thinking of the European Union, which was formed for the primary purpose of ‘screwing’ the United States of America,” Trump wrote on Fact Social.

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Key Takeaways

US President Donald Trump’s household might have held discussions with Binance about doubtlessly buying a stake on the planet’s largest cryptocurrency trade.