Trump Family Explores Stake in Binance.US
Representatives of President Donald Trump's family have engaged in discussions about acquiring a financial stake in Binance.US, the American subsidiary of Binance. These negotiations began when Binance offered a business arrangement to Trump's allies, potentially facilitating the company's return to the U.S. market. Additionally, Binance's founder, Changpeng Zhao, has been seeking a pardon from the Trump administration following a $4.3 billion settlement in 2023 for violating U.S. anti-money laundering regulations.
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