The Trump family is reportedly in discussions to gain interest in Binance’s US arm

President Trump’s family is weighing their investments in Binance.us. Report From the Wall Street Journal. Investment will come in a few years from Binance’s US arm Plead guilty Violates anti-money laundering regulations.

As part of that guilty plea, Binance founder Changpeng Zhao, known as CZ, paid a $4.3 billion fine in 2023 and spent four months in prison.

Zhao is currently the 24th wealthiest person in the world. Forbes rankings. The WSJ claims he is seeking pardon from the Trump administration.

Zhao’s conviction has made it difficult for Binance to find a commercial partner in the US or apply for a cryptographic license in Europe. “There was no discussion about what we were going to trade… well, anyone.” I said X’s post rebuttal to the WSJ report.

But if there is a discussion between Vinance and the Trump family representative in practice, it seems to be summarised in a simple question: What is the value of a presidential pardon?