(The Daily Beast / Bloomberg — Published: July 11, 2025)

Title: "Crypto Giant Accused of Secretly Helping Trump Company Before Founder Pushed for Pardon"


📌 What Happened?

Binance, the world’s largest cryptocurrency exchange, is accused of secretly helping former President Donald Trump’s sons launch a crypto stablecoin — USD1 — while Binance’s founder Changpeng Zhao (CZ) was simultaneously seeking a presidential pardon.


💰 What is USD1? (Trump Family’s Coin)

In March 2025, Eric Trump and Donald Trump Jr. launched a stablecoin named USD1.

The project was backed by a new company, World Liberty Financial, with help from investors in the UAE and Saudi Arabia.

Over $2 billion worth of USD1 was purchased by Gulf investors.

It was heavily promoted on Binance’s global platform — but quietly.


🤝 Binance’s Role

According to Bloomberg sources:

Binance’s developers wrote part of the code for the USD1 coin.

The coin was promoted to Binance’s 275 million users, especially in the Middle East.

Binance never disclosed its role in the project publicly.




🧑‍⚖️ What Did CZ Do?

CZ pleaded guilty to money laundering charges in the U.S. in December 2023.


After stepping down from Binance, he applied for a presidential pardon — which is now under scrutiny.

Binance claimed the pardon was a personal matter, not a corporate one.



❗ The Real Issue: Conflict of Interest


Was Binance helping Trump’s coin to gain favor with the Trump family?

Did Binance’s support help Trump get crypto credibility during his campaign?

Is this an example of political corruption and lack of transparency in crypto?



🔎 Why This Article Matters

Highlights how crypto firms may influence or benefit from political connections.

Raises big questions about ethics, regulation, and financial transparency.

Shows how crypto and politics are becoming dangerously intertwined.#BTC #BTC走势分析 #TrendingTopic #bitcoin #Binance