⚖️ Trump may be investigated for pardoning the founder of Binance 🇺🇸💥
Seven Democratic senators from the U.S. have called for an investigation into the pardon granted by Donald Trump to Changpeng Zhao (CZ), founder of Binance, alleging a conflict of interest with the president's own crypto dealings.
📜 The letter, sent to Attorney General Pam Bondi and Treasury Secretary Scott Bessent, states that the pardon “signals to cryptocurrency executives that they can commit crimes with impunity, as long as they enrich President Trump sufficiently.”
Senators Elizabeth Warren, Bernie Sanders, Chris Van Hollen, Mazie Hirono, Richard Blumenthal, Jack Reed, and Jeff Merkley highlighted financial ties between CZ and World Liberty Financial (WLFI) — the crypto company linked to Trump.
🔗 Suspicious timeline:
🔹 End of 2024: Binance and WLFI tighten ties;
🔹 Binance helps promote USD1, a stablecoin launched on the Binance Smart Chain;
🔹 Investors from the United Arab Emirates, linked to Steve Witkoff, reportedly injected US$ 2 billion into Binance using USD1;
🔹 Months later, CZ is pardoned for money laundering.
Democrats argue that these moves indicate a relationship of political and financial favoritism.
In addition to the CZ case, Trump has already granted pardons to controversial figures in the sector, such as Ross Ulbricht (Silk Road) and Heather “Razzlekhan” Morgan (Bitfinex) — which has been referred to as a “wave of crypto pardons.”
👀 Now, senators like Warren and Adam Schiff are preparing a resolution to condemn the pardons and even prohibit Trump, family members, and congresspeople from trading cryptocurrencies or accepting foreign funds.
💬 “CZ's pardon is not just ethical or legal — it’s about who truly profits from presidential power,” wrote Warren.
#TRUMP #Binance #CZ #WorldLibertyFinancial #Cryptocurrencies #Politics #BTC #CryptoNews