President Trump’s family has weighed an investment in Binance.us, according to one report From the Wall Street Journal. The investment would only come a few years after the American arm of Binance argued guilty of violating anti-money laundering regulation.
As part of that guilty plea, Binance’s founder Changpeng Zhao, better known as CZ, a fine of $ 4.3 billion and he spent four months in prison in 2023. He also agreed to resign as CEO – but remains the most important shareholder in the Cryptocurrency -fair.
Zhao is currently the 24th richest person in the world, according to Forbes’ ranking. The WSJ claims that he has insisted on the Trump government.
The conviction of ZHAO has made it difficult for Binance to find commercial partners in the US or to request crypto licenses in Europe. “I have had no discussions about a binance us dealing with … well, everyone,” Zhao said In a message about X, the WSJ report refutes.
But if discussions between Binance and representatives of the Trump family indeed take place, it seems to be a simple question: what is the value of a presidential grace?