wickedsdesires
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Trump claims he doesn’t know who Binance founder is - despite pardoning him days ago: ‘I’d rather not have you ask the question’
https://www.independent.co.uk/news/world/americas/us-politics/trump-binance-pardon-60-minutes-interview-b2857141.html
President Donald Trump has claimed that he doesn’t know who Changpeng Zhao is — the cryptocurrency billionaire he pardoned last month with ties to the first family’s own crypto venture.
Zhao, who also goes by “CZ,” is the founder of crypto exchange company Binance and helped the Trump family’s own venture – World Liberty Financial – make billions just before the president pardoned him.
The rejuvenated company now stands to reap its own windfall, a report revealed last week.
The crypto boss was pardoned 10 days ago after pleading guilty in 2023 to enabling money laundering. He agreed to step down as the CEO of Binance as part of a $4.3 billion settlement with the Justice Department and served four months in prison.
“Okay, are you ready?” replied Trump. “I don't know who he is.”
Trump added that he “heard” Zhao’s case was “a Biden witch hunt.”
O’Donnell then pressed the president about the optics of pardoning Zhao after Binance helped facilitate a $2 billion purchase of World Liberty Financial’s stablecoin.
“Well, here's the thing, I know nothing about it because I'm too busy doing the other…” Trump said, before O’Donnell interrupted him to say, “But he got a pardon.”
“Norah, I can only tell you this. My sons are into it,” said Trump. “I'm glad they are, because it's probably a great industry, crypto. I think it's good. You know, they're running a business, they're not in government.”
“I can't say, because… I can't say…I'm not concerned. I don't… I'd rather not have you ask the question,” Trump said, according to the full CBS transcript of the interview.
The Independent has contacted the White House for comment.
Members of the Trump family, through an umbrella company, own more than half of World Liberty.
World Liberty’s new stablecoin product — a cryptocurrency whose value is designed to maintain a one-to-one value with the U.S. dollar — saw the value of its shares jump from $127 million to over $2.1 billion this spring after Binance stepped in, according to the Wall Street Journal.
Heh Boscox if he doesnt know who Changpeng Zhao is why the fuck did he pardon him or are you just going to drool on about some senile olde git Biden auto pen nonsense
https://www.bbc.co.uk/news/articles/cn7ek63e5xyo that will be a shorter read for the rest of you. I have never known boscoX to get past the first line even with his own shit.
His companies have partnered with firms linked to Trump on new digital-currency projects including Dominari Holdings, where his sons sit on the board of advisers and which is based in Trump Tower.
Trump added that he did not recall meeting Zhao and had "no idea who he is",
The president's pardon lifts restrictions that had stopped Zhao from running financial ventures, but it is unclear whether it changes his standing with US regulators or his role at Binance.
At the time of the pardon, White House Press Secretary Karoline Leavitt called Zhao's prosecution under the Biden administration part of a "war on cryptocurrency", pushing back on critics who said the pardon appeared motivated by Trump's personal financial interests.
The Binance platform remains the most used crypto exchange in the world for trading digital assets.
The Trump administration previously halted a fraud case against crypto entrepreneur Justin Sun, after his investments in the Trump family's crypto firm, World Liberty Financial.
In May, it was announced that a stablecoin launched by World Liberty Financial would be used by an Abu Dhabi firm for a $2bn (£1.52bn) investment in Binance.
Trump has also pardoned founders of the crypto exchange BitMEX, who faced charges related to money laundering, and Ross Ulbricht, founder of the Silk Road, the dark web marketplace known as a place for drug trade.
< Message edited by wickedsdesires -- 11/3/2025 5:54:51 AM >
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Trump claims he doesn’t know who Binance founder is -... - 
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