CZ denies WSJ report of Trump family deal for Binance.US, calls it an attack on crypto

• CZ denies any Binance.US deal with the Trump family, slamming the WSJ report
• Despite the denial, the rumor briefly boosted BNB, highlighting market sensitivity
• CZ blames “war on crypto” forces, suggesting lingering political risk for the industry

Former Binance CEO Changpeng Zhao (CZ) has categorically denied a Wall Street Journal report claiming that the Trump family was in talks to acquire a stake in Binance.US. CZ slammed the article, suggesting it was “motivated as an attack on the President and crypto. He tweeted, 

“I have had no discussions of a Binance US deal with … well, anyone.” He added: “It’s good to see that even WSJ thinks I should be pardoned.” CZ also highlighted the irony, noting he’s apparently the “only one in US history who was ever sentenced to prison for a single BSA charge.“

The now-disputed Wall Street Journal report had alleged that the Trump family engaged in discussions to acquire a stake in Binance.US, suggesting a potential return of the crypto exchange to the United States. According to sources familiar with the matter, the talks were initiated after Binance reached out to Trump allies last year, seeking a strategic part…

The post CZ denies WSJ report of Trump family deal for Binance.US, calls it an attack on crypto appeared first on Coin Edition.