Trump denies knowing CZ after issuing pardon

In a CBS 60 Minutes interview, President Donald Trump said he doesn’t know Binance founder Changpeng Zhao, even after pardoning him last month. He cast the clemency as a bid to keep the U.S. competitive in crypto and accused the Biden administration of a witch hunt against Zhao. Trump noted his sons are more involved in crypto and brushed off pay for play questions. Zhao pleaded guilty to failing to combat money laundering; Binance paid $4.3 billion in penalties. Binance became entangled with World Liberty Financial, which sends 75% of token revenue to a company linked to Trump’s family.

Reviewed by JQJO team

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