U.S. President Donald Trump Discusses Pardoning Binance Founder CZ – “I Don’t Know Who He Is”

United States President Donald Trump said he “knows nothing” about Binance founder Changpeng Zhao (CZ), whom he pardoned last ￰0￱ on CBS's “60 Minutes,” Trump said, “I don't know who it is. I can only say my sons are ￰1￱ is probably a great industry, so I'm happy with it.” Trump claimed that CZ was being “targeted for political purposes” by the Justice Department but offered no ￰2￱ federal prosecutors indicted Zhao in 2023 on charges of turning a blind eye to money laundering, stating that the act “caused serious harm to US national security.” Zhao received a four-month prison sentence, and Binance was also fined $4 billion and himself $50 ￰3￱ News: Latest Situation in Altcoin Funds Has Been Revealed - The Leader Has Pulled Ahead by a Wide Margin, Even Surpassing Ethereum Binance, founded by Zhao, has a business relationship with World Liberty Financial, a cryptocurrency firm founded by Trump's sons, Eric and Donald Trump ￰4￱ company manages many of the Trump family's crypto ￰5￱ to The Wall Street Journal, World Liberty Financial's native token is traded on an exchange operated by ￰6￱ responded to questions about this conflict of interest by saying, “I don't know anything because I'm busy with other things.” The pardon sparked backlash from both Democrats and some Republicans, with North Carolina Senator Thom Tillis calling Trump's decision a “bad message.” Democrats, on the other hand, compared Trump's remarks to past Republican criticisms of President Joe ￰7￱ Biden's administration, Republicans claimed that some pardons were signed “without Biden's knowledge,” while Trump, at the time, said, “Biden didn't know what he was signing.” *This is not investment ￰8￱ Reading: ￰9￱ Donald Trump Discusses Pardoning Binance Founder CZ – “I Don’t Know Who He Is”