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Benzinga
Benzinga
Business
Bibhu Pattnaik

Trump's Crypto Firm Allegedly Received Covert Aid From Binance Before Founder's Pardon Plea

Kyiv,,Ukraine,-,March,15,,2024,Binance,Logo,On,Iphone

According to a report, Binance, a prominent cryptocurrency exchange, is alleged to have secretly assisted President Donald Trump family’s cryptocurrency firm prior to its founder, Changpeng Zhao, seeking a presidential pardon.

What Happened: Binance is said to have clandestinely written the core code for the Trump family’s stablecoin, USD1. This coin was introduced by World Liberty Financial, a cryptocurrency company set up by Eric Trump and Donald Trump Jr.

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