Trump’s Crypto Firm Allegedly Received Covert Aid From Binance Before Founder’s Pardon Plea
Posted On July 12, 2025
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.
The code allegedly facilitated an Emirati investment firm to acquire a $2 billion stake in Binance using USD1. Binance also marketed USD1 to its user base of 275 million.
As per the report by …
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