Binance News: Trump Family Considered Acquiring Stake in Binance.US
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In a surprising twist in the world of cryptocurrency, it has emerged that the Trump family considered acquiring a stake in Binance’s U.S. arm. Here’s a closer look at the developments surrounding this potential deal.
Trump Family Considered Buying Stake in Binance.US
A Trump family representative held talks to buy a stake in Binance’s U.S. arm, according to a Wall Street Journal report. The stake could have been acquired through Trump-family backed crypto project World Liberty Financial. Steve Witkoff, a friend of the U.S. president, was involved in the deal talks. The talks started after Binance reached out to Trump’s allies offering to reach a deal with the family to bring the crypto exchange back to the U.S. Binance U.S. did not respond to a request for comment.
Trump Family Eyes Investment in Binance.US; CZ Seeks Pardon for US Market Re-entry
According to a Wall Street Journal report, the Trump family is in discussions to acquire a stake in Binance.US, potentially increasing their engagement in the crypto sector. At the same time, Changpeng “CZ” Zhao, the founder of Binance, is actively seeking a pardon from President Trump to re-enter the US market following his imprisonment for regulatory infractions.
