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Trump Denies Ties to CZ, Calls Binance Case Political - news.adtechsolutions Trump Denies Ties to CZ, Calls Binance Case Political - news.adtechsolutions

Trump Denies Ties to CZ, Calls Binance Case Political


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President Donald Trump has addressed questions about his pardon of Changpeng Zhao during a 60 minute interview on the 2nd of November.

He stated that he did not know Zhao personally and said that the decision was not based on any political motive.

President Trump explained that he had heard that Zhao’s legal case was politically driven.

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When asked directly if he had had a relationship with Zhao, President Trump said he had never met her and had only learned about the situation from others.

CBS anchor Norah O’Donnell reported reports that Binance


$16.37 billion



had helped fund a large stablecoin purchase linked to a group that supports President Trump. The President said:

I know nothing about it. I have been focused on other things.

When pressed further, President Trump he moved the discussion to his family’s interest in the crypto industry. He noted that his children are active in the industry, which he supports, but he said that they operate as private entrepreneurs, not government officials.

Returning to Zhao’s case, President Trump suggested The founder of Binance was unfairly targeted.

President Trump also said that the crypto industry of the United States has grown and is important for the future of the country. He emphasized that the United States should be a leader in crypto development, especially as countries like China increase their participation.

Recently, Zhao sought to file a defamation suit against US Senator Elizabeth Warren. What did Zhao’s lawyer, Teresa Goody Guillén, say? Read the full story.




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