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The Independent UK
The Independent UK
Rhian Lubin

Binance helped Trump crypto company make billions. Then the president pardoned its jailed leader - but that’s not all: report

Crypto exchange company Binance helped the Trump family’s own cryptocurrency venture make billions just before Donald Trump pardoned its co-founder, and the rejuvenated company now stands to reap its own windfall, a new report reveals.

Changpeng Zhao, who also goes by “CZ,” was pardoned by Trump last week after the administration said the businessman was “prosecuted by the Biden Administration in their war on cryptocurrency.”

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