Key takeout
- CZ has denied reports of debate over potential transactions, including Trump and Vinance.
- CZ suggested that the article was an attack on the president and the code, citing remaining forces.
Please share this article
Changpeng “CZ” Zhao publicly denied the Wall Street Journal report suggesting that representatives of President Donald Trump's family are engaged in debate to gain economic interests in Binance.us. He said the article was inaccurate and suggests it was designed to distrust Trump and the crypto sector.
“There was no discussion about what we were going to trade… well, anyone,” CZ wrote to X, responding to what he described as an extensive inquiry from the media.
The former CEO of Binance said that over 20 people had been contacted by WSJ and another media outlet to notify him to confirm “whether they had made any deals for the pardon.”
According to the WSJ, Binance last year reached out to Trump's allies and proposed a business arrangement as part of the company's strategy to stimulate US operations. The report also said the CZ is seeking pardon from the president.
CZ suggested that the article “appears to be motivated as an attack on the president and the cryptocurrency,” adding that “the rest of the power of the 'cryptography war' from the last administration is still at work.”
The founder of Crypto Exchange said he was “the only US history to be sentenced to prison on a single BSA charge,” as he faces prison after pleading guilty to violating US money laundering requirements.
“Feets wouldn't mind pardoning,” CZ added, but “he has expressed his commitment to making codes great, both in us and anywhere in the world.”
CZ previously denied rumors that Binance was on sale. However, he suggested that he could allow small investments in the future.
4. Some low self-aware competitors of Asia's fudding about vinance (CEX) for sale.
As a shareholder, Binance is not on sale.
Top investors are always interested in vinance. Over time, we may allow investments in single-digit percentage ranges.
– CZ🔶BNB (@CZ_BINANCE) February 17, 2025
Please share this article
