Trump Family Reportedly Explores Stake in Binance as Founder Seeks Pardon

Changpeng Zhao denies reports of discussions with the Trump family, which allegedly involve investment talks and a potential pardon for past financial crimes.

Multiple reports claim the Trump family's crypto venture, World Liberty Financial, is in discussions to acquire a stake in Binance's U.S. arm.
Binance founder Changpeng Zhao, who pleaded guilty to money laundering in 2023 and served four months in prison, is reportedly seeking a presidential pardon.
Zhao has publicly denied any discussions about a deal or a pardon, calling the reports inaccurate and politically motivated.
Steve Witkoff, a Trump ally and negotiator in Middle East peace talks, is said to be involved in the discussions, though an administration official denies this claim.
The Trump administration has taken a pro-crypto stance, including establishing a national Bitcoin reserve and relaxing regulations on the cryptocurrency industry.