WSJ: Trump Family in Talks to Acquire Stake in Binance.US

BlockBeats News, March 13th, according to The Wall Street Journal, informed sources revealed that representatives of the Trump family have been in negotiations regarding the acquisition of a financial stake in Binance's U.S. subsidiary. This move would allow Trump to do business with the company, which acknowledged violating anti-money laundering rules in 2023.

Meanwhile, according to sources, Binance founder CZ has been urging the Trump administration to pardon him. Previously, he pleaded guilty to a related charge and was sentenced to four months in prison.

Last year, Binance reached out to Trump allies proposing a commercial deal with the Trump family as part of a plan to bring back this exiled company to the U.S. Subsequently, negotiations between the two parties began. It is currently unclear in what form the Trump family's stake would appear if the deal is reached, or if a pardon would be a condition.