Binance Under Scrutiny: U.S. Senators Demand Probe Into $2B Deal Linked to Trump Family

A group of Democratic U.S. senators, including Elizabeth Warren and Chris Van Hollen, has called for a federal investigation into Binance’s ties to World Liberty Financial, a cryptocurrency venture associated with the Trump family. The request follows a $2 billion investment that raised compliance concerns, according to Bloomberg.

U.S. Senators Demand Probe Into Binance’s $2B Deal Linked to Trump Family

A group of Democratic U.S. senators, including Elizabeth Warren and Chris Van Hollen, has called for a federal investigation into Binance’s ties to World Liberty Financial, a cryptocurrency venture associated with the TRUMP family. The request follows a $2 billion investment that raised compliance concerns, according to Bloomberg.

The senators’ letter to Treasury Secretary Scott Bessent and Attorney General Pam Bondi seeks a review of the transaction, Binance’s U.S. exit strategy, and whether a pardon for former CEO Changpeng Zhao is under consideration. The investment involved Abu Dhabi-based MXG using USD1, a stablecoin issued by World Liberty Financial, to fund Binance.

BNB Surges Amid DeFi Growth as Ruvi AI Emerges as Contender

Binance Coin (BNB) climbed to $637.40, marking a 3.29% daily gain, as its blockchain surpassed $6 billion in total value locked. Institutional adoption and decentralized finance expansion fuel the rally, reinforcing BNB’s market leadership.

Analysts pivot attention to Ruvi AI (RUVI), projecting a rise to $2.00 by 2025—a potential 28,000% return on a $500 investment. The AI-blockchain hybrid’s presale offers early access to what some deem the next exponential growth narrative.