Binance News: Allegations of Trump-Binance Deal Continue Amid CZ’s Denials

Recent developments in the cryptocurrency world have thrown Binance into the spotlight, with allegations swirling around a potential deal involving the Trump family. Despite denials from Binance’s founder, Changpeng ’CZ’ Zhao, the rumors refuse to die down.

New Allegations of Trump-Binance Deal Continue Despite CZ’s Backlash

Despite refutation from Changpeng ’CZ’ Zhao, allegations persist that the Trump family is in talks to buy a significant stake in Binance.US. Earlier reports claimed CZ was seeking a pardon as part of the deal, which CZ denied on social media. Separately, WLFI was reportedly in talks with Binance to launch a new USD-backed stablecoin.

CZ Denies Rumors of Seeking Pardon from Trump

Binance founder Changpeng Zhao (CZ) has denied claims that he is seeking a pardon from the Trump administration. The Wall Street Journal and Bloomberg had reported that President Trump’s family was in talks to partner with Binance US, including a possible pardon for CZ. However, CZ has refuted these claims and stated that there has been no discussion with President Trump’s family or anyone for an ownership stake in Binance US.