US President Donald Trump granted a pardon in late October to Changpeng “CZ” Zhao, the founder of Binance, touching off a fresh round of questions about whether business deals and political favors were linked to the clemency.
The move has split opinion: some lawmakers call for probes, while CZ’s legal team insists the pardon was lawful and not for sale.
Binance And The Trump-Linked Venture
According to reporting, Binance played a role in supporting a crypto company tied to the Trump family, World Liberty Financial, as that venture rolled out a stablecoin called USD1.
Reports say Binance engineers helped build parts of the project and that a major investor agreed to put roughly $2 billion into the venture, with some payments reportedly arranged in USD1 tokens.
DL News reports that C

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