Simultaneously, Binance is involved in a substantial $BNB billion investment deal with MGX, a UAE-backed fund. This investment is being facilitated through $BNB

, a stablecoin launched by World Liberty Financial, a firm associated with the Trump family. The deal has raised ethical concerns due to potential conflicts of interest, especially as Zhao is reportedly seeking a presidential pardon from former President Donald Trump following his conviction for violating anti-money-laundering laws