*US President Representative Allegedly Plans to Acquire Binance Shares**
The President of the United States (US) Donald Trump is reported to be planning to buy shares of Binance, on Thursday (13/03) local time.
This news marks Trump's interest related to his target to push the growing crypto asset market, especially since Trump already has a DeFi project at World Liberty Financial (WLFI).
However, after this issue spread, many allegations suggest that Trump wants to take control of one of the leading crypto exchanges in the world, namely Binance, to strengthen his influence in crypto.
The Trump representative alleged to have held a meeting regarding the plan to purchase Binance shares is Steve Witkoff.
In addition, recently, Binance has reportedly contacted Trump’s team to make a business deal, as part of a plan to recover the company that has been involved in legal cases.
Nevertheless, former Binance CEO Changpeng Zhao (CZ) denied the statement. He even mentioned that the rumor is not true and he has confirmed with Binance directly.
"I do not have any discussion plans about the Binance US deal with anyone," CZ said, as reported on his x page.
However, so far there has been no official confirmation from the family or representative of Trump.
