Trump Can't Explain Why He Pardoned Crypto CEO Who Did Huge Financial Favors for Him
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Trump Can't Explain Why He Pardoned Crypto CEO Who Did Huge Financial Favors for Him
"Just hours later, he told a reporter that he didn't know why the White House had decided to pardon Zhao, highlighting what MSNBC is calling a "brazenly corrupt pardon." "I don't know," he said bluntly at the time. "He was recommended by a lot of people." During a Sunday interview with CBS News, Trump once again professed ignorance about the man he had pardoned just over a week ago, a move that requires his personal signature."
"The coin was launched in March by World Liberty Financial, which was founded by Trump and is being managed by his sons, Eric Trump and Donald Trump Jr. Talks surrounding the deal started around the time of last year's presidential election, according to the Wall Street Journal. Binance "deployed a team of over a dozen engineers to build the technology behind the currency," catapulting its market cap from $127 million to over $2.1 billion this spring - a deal that directly enriched the Trumps."
President Donald Trump pardoned Binance founder Changpeng Zhao eleven days ago while later stating he did not know Zhao and that the pardon followed recommendations. Trump told reporters he "didn't know" why the White House pardoned Zhao and again said he "didn't know who he is," noting a four-month sentence and calling prosecutions a "Biden witch hunt." Binance facilitated a $2 billion Emirati purchase of USD1, a stablecoin launched by World Liberty Financial, founded by Trump and managed by his sons. Binance's engineering support dramatically increased the coin's market cap, directly enriching the Trump family and raising corruption concerns.
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