Word on the street is, Donald Trump’s family is considering grabbing a piece of Binance’s US operations! And get this – it’s happening while the crypto exchange’s founder is reportedly trying to get a pardon after pleading guilty in 2023 and doing time.

Trump’s Family Eyes Stake In Binance US

A recent report from the Wall Street Journal WSJ report reveals that representatives for the Trump family have been in discussions about buying into Binance’s US branch. This news comes hot on the heels of Binance announcing a massive $2 billion investment from Abu Dhabi’s MGX, who picked up a minority stake.

And there’s more! The WSJ report also spilled the beans that Binance’s founder, Changpeng “CZ” Zhao, is reportedly making moves to get a pardon from the Trump administration. Remember, CZ just served a four-month sentence last year after he and Binance US admitted guilt in a case involving anti-money laundering violations.

Here’s where things get interesting: this potential investment from the Trump family and CZ’s pardon push could be connected. Since CZ is still believed to be the biggest shareholder in Binance, he could very well be a key player in the Trump family’s possible move into Binance US.

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Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.

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