"Well, you don't know much about crypto you know nothing about nothing, you fake news! Trump then continued answering the question. He was somebody, as I was told I don't believe I have ever met him but I've been told he had a lot of support. And they said what he did is not even a crime. That he was persecuted by the Biden administration. And so I gave him a pardon at the request of some very good people."
"Binance founder Changpeng Zhao pleaded guilty in 2023 to enabling money laundering while CEO of the crypto exchange. Zhao's plea was part of a $4.3 billion settlement the company reached with the Biden DOJ. According to reporting from the Wall Street Journal, the Trump family's own crypto venture World Liberty Finance, which has generated roughly $5 billion since the 2024 election has a relationship with Binance which has been called out by critics. Critics of World Liberty say that it is a potential vehicle"
President Donald Trump defended pardoning Binance founder Changpeng Zhao during a White House law enforcement roundtable. Trump questioned which person was meant, said he pardons many people, and asserted Zhao had substantial support and had been persecuted by the Biden administration. Trump interrupted a CNN reporter and told her, "you don't know much about crypto... you fake news." Zhao pleaded guilty in 2023 to enabling money laundering while CEO of Binance and the company reached a $4.3 billion settlement with the DOJ. The Trump family's crypto venture World Liberty Finance has a reported relationship with Binance that critics have questioned.
Read at www.mediaite.com
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