CZ Denies Trump’s Family Negotiated Stake in Binance.US
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Binance co-founder Changpeng Zhao, known as CZ, has stated that he has not pursued any deals involving Binance’s US operations.
His comment on X follows a Wall Street Journal report that President Donald Trump’s family was in discussions to acquire a stake in Binance, while the company seeks a presidential pardon for Zhao.
Binance largely exited US markets in 2023 due to regulatory scrutiny.
“I have had no discussions of a Binance US deal with… well, anyone,” Zhao wrote on X Thursday morning.
“No felon would mind a pardon, especially being the only one in US history sentenced to prison for a single Bank Secrecy Act charge,” he added.
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