Trump family reportedly held talks with Binance for a stake in the exchange!
The Wall Street Journal reports that representatives of Donald Trump’s family discussed acquiring a stake in Binance in 2024 as part of a plan to relaunch Binance.US operations. The report also suggests that Binance’s founder, Changpeng Zhao, who served four months in prison in the US, may have been seeking a pardon from the Trump administration.
It remains unclear what form the Trump family’s stake would take or whether the deal would be contingent on a pardon. One possibility mentioned is a partnership through World Liberty Financial (WLFI), a Trump-backed crypto venture launched in September 2024.
Trump dismissed the report, calling the WSJ “globalist” and accusing it of spreading misinformation. Zhao also denied the allegations, stating he has had no discussions about a Binance.US deal with anyone. Meanwhile, Binance CEO Richard Teng praised Trump’s presidency as a catalyst for a “global pro-crypto shift.”
