Trump family has held deal talks with Binance following crypto exchanges guilty plea

The WSJ is reporting that the Trump family has held deal talks with Binance following the crypto exchanges guilty plea.

According to the article:

• Trump’s family representatives have discussed taking a financial stake in Binance.US.
• Binance founder Changpeng Zhao, who served four months in prison, is seeking a pardon from the Trump administration.
• Talks began after Binance approached Trump allies to facilitate its return to the U.S.
• Possible deal structures include a direct stake or involvement through World Liberty Financial, a Trump-backed crypto venture.
• A stake in Binance.US would significantly expand the Trump family’s cryptocurrency ventures.
• This deal would create an unprecedented overlap between Trump’s business interests and government actions.
• Trump has recently signed executive orders benefiting the cryptocurrency industry.

HMMM…

This article was written by Greg Michalowski at www.forexlive.com.