
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.