Trump vs Binance founder CZ

 Binance CEO CZ follows Trump’s family growing ties to the crypto-industry

Five days after President Trump pardoned the founder of Binance the world's largest crypto exchange the company helped boost Trump’s fortunes by promoting his family’s own crypto product, a digital coin USD1.

Binance also posted promotions saying it would now accept Trump's separate World Liberty Financial token on its U.S.-based site. Both USD1 and $WLFI were already available on Binance’s international platform, which is not available in the United States. Making both tokens more easily accessible for American investors is likely to increase their value by enlarging the pool of potential buyers.

Deposits for $USD1 are now open on @BinanceUS!” the firm’s U.S. subsidiary said in an Oct. 28 post on X, in reference to the Trump-affiliated World Liberty Financial cryptocurrency.

Trump has pardoned or commuted the sentences of more than 1,600 people in his second term, after issuing clemency to another 237 people during his first term.

White House press secretary Karoline Leavitt said Trump had "exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden administration in their war on cryptocurrency."

In a statement, White House Press Secretary Karoline Leavitt said Trump had "exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden administration in their war on cryptocurrency."

Binance did not immediately respond to a request for comment.

Zhao, one of the most powerful people in the crypto world, had to step down as chief of Binance when the company agreed to a $4.3 billion settlement with the U.S. government to end a yearslong probe into misconduct at the world's largest crypto exchange.