Trump’s Family Negotiating to Acquire Stake in Binance

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President Trump’s family is reportedly negotiating a stake in Binance.US, potentially deepening their involvement in the crypto industry, as noted in a Wall Street Journal report citing knowledgeable sources.

Simultaneously, Binance founder Changpeng “CZ” Zhao has been lobbying for a pardon from Trump after serving time for regulatory violations.

CZ had previously stated his openness to clemency from the Trump administration. In a now-deleted post on X from December 2, he mentioned he “wouldn’t mind a pardon” from Trump but clarified he had no plans to return as Binance’s CEO.

According to the WSJ, Binance reached out to Trump’s allies in 2024 to discuss forming a business relationship with his family.