Wall Street Journal (WSJ) It has been reported Representatives from President Donald Trump’s family discussed with Vinance about the possibility of winning shares in the world’s largest cryptocurrency exchange.
On March 13, 2025, WSJ said that Binance reached out to Trump’s family representatives in 2024 and offered a business agreement as part of a broader strategy to reopen Binance. The move also comes as Binance Ex-Ceo Changpeng Zhao is searching for a presidential pardon.
Criticizing the report, Zhao said, “felons should not worry about pardoning, especially the only person in US history to be sentenced to prison on a single BSA charge.”
The WSJ report also suggests that Trump could win stakes in Vinanence or use his crypto venture, World Liberty Financial (WLFI).
Breaking: Trump family is discussing for Binance’s interests in crypto exchange, sources say – WSJ$ bnb > 600 pic.twitter.com/fyp4bruzow
-hadlfm team (@hodl_fm) March 13, 2025
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Trump and Zhao criticize TSJ
4. Sorry for being disappointed. The WSJ article was incorrect.
Over 20 people have come to the WSJ (and another media) to say, “Can you confirm that CZ has made a deal for pardon?”
They asked perhaps hundreds of people to 20 people to reach out to me. in…https://t.co/elydpmkd3g
– CZ 
bnb (@cz_binance) March 13, 2025
In the case of Binance, this potential partnership represents an important opportunity to re-enter the US market after facing important regulatory challenges.
Zhao, who served in a prison for four months in the US after pleading guilty to violating anti-money laundering requirements, is pushing the Trump administration to pardon him. In the past, the company’s US division has plummeted from 27% to over 1% after regulatory measures.
Steve Witkoff, a longtime Trump friend who serves as a special envoy in the Middle East, has been involved in the negotiations.
Meanwhile, Trump has criticized the WSJ. “The Globalist Wall Street Journal doesn’t know what they’re doing or what they’re saying. They’re owned by the polluted thinking of the European Union, formed for the primary purpose of “smashing down” the United States,” Trump writes of the society of truth.
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Key takeout
US President Donald Trump’s family may have had a debate with Binance about the possibility of winning shares in the world’s largest cryptocurrency exchange.
Trump may have won stakes in Binance or signed a similar deal using his Crypto Venture, World Liberty Financial (WLFI).
The Trump family, who spoke to Changpen Zhao for Binance’s interests while seeking a presidential pardon, first appeared in 99bitcoins.
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