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In 2023, crypto exchange Binance and its CEO and founder, Changpeng Zhao, pleaded guilty to violating U.S. money laundering laws. Now, an investigation finds that representatives of President Trump’s family have been in talks to take a financial stake in the U.S. arm of Binance. At the same time, Zhao has pushed the Trump administration to grant him a pardon. WSJ’S Rebecca Ballhaus brings exclusive reporting. Further Reading: - Trump Family Has Held Deal Talks With Binance Following Crypto Exchange’s Guilty Plea - How the Trumps Turned an Election Victory Into a Cash Bonanza Further Listening: - Love Trump? Now You Can Buy His Meme Coin - Inside the Trump Crypto Bromance Learn more about your ad choices. Visit megaphone.fm/adchoices
