Trump’s Attempts to Downplay Binance Pardon Draw Scrutiny

Trump’s attempts to downplay Binance pardon draw scrutiny

President Trump has sought to distance himself from Binance founder Changpeng Zhao after facing backlash for pardoning the cryptocurrency billionaire whose company has had business dealings with the Trump family’s digital finance venture.  The president’s comments have revived scrutiny of his family’s financial interest in the crypto industry and Trump’s own repeated claims that former…

Trump said in an interview that he did not know Binance founder whom he pardoned late last month.

CBS News’ Norah O’Donnell asked the president why he pardoned Changpeng Zhao, who is the founder of Binance, creator of the world’s largest cryptocurrency exchange and supporter of the Trump family’s involvement in cryptocurrency. Zhao pled guilty and served four months in prison for ignoring U.S. banking laws and for failing to stop criminals from […] The post Trump said in an interview that he did not know Binance founder whom he pardoned late…