President Trump told 60 Minutes he doesn’t know Changpeng Zhao, the Binance founder he pardoned last month, calling the case a Biden "witch hunt." Pressed by Norah O’Donnell about Binance’s $2 billion purchase of World Liberty Financial’s stablecoin, which lifted a firm started by his sons, he rejected any "pay for play," saying he knew nothing and his sons aren’t in government. His sons and World Liberty Financial deny involvement in the pardon. Zhao pleaded guilty to a money laundering related charge, served four months, and Binance was banned from operating in the United States.

Prepared by Lauren Mitchell and reviewed by editorial team.