Trump Family Held Deal Talks With Binance.US
**Trump Family Held Deal Talks With Binance.US**
By Yueqi Yang
an hour ago
Representatives of President Donald Trump's family held talks to take a stake in Binance.US, the American entity of crypto exchange Binance, while Binance founder Changpeng Zhao has been pushing for a pardon, the Wall Street Journal reported.
Binance reached out to Trump's allies last year offering to strike a deal as part of a plan to return to the U.S. market, the outlet said. A pardon for Zhao, who served a four-month sentence last year for pleading guilty to violating anti-money laundering law, could pave the way to combine Binance and its U.S. entity.
Zhao remains the majority shareholder of Binance and lives in Abu Dhabi. Binance announced yesterday that it received a $2 billion investment from MGX, the Abu Dhabi-based sovereign wealth fund. In a post on X, Zhao said he has had no discussions of any Binance.US deal, and "no felon would mind a pardon."