The former Binance CEO said “I have had no discussions of a Binance US deal with…well, anyone.”

Binance co-founder Changpeng "CZ" Zhao denies reports of negotiating a deal with Trump’s family for a stake in Binance.US in exchange for a pardon

Former Binance CEO Changpeng “CZ” Zhao has denied many of the claims in a Wall Street Journal report suggesting that he has been actively seeking a federal pardon from US President Donald Trump. In a March 13 X post following the release of the report,

Changpeng Zhao, aka CZ, denied a WSJ report that the Trump family sought a stake in Binance.US, while saying he's open to a pardon.

Trump family representative reportedly held talks with Binance to take a financial stake in its U.S. arm after CZ sought pardon for his money laundering charges. The Binance founder denied the report,

The Trump family has allegedly been discussing a possible investment in the crypto exchange Binance—a deal that, especially in light of Binance’s multi-billion-dollar valuation, would raise a host of conflict-of-interest questions.

The discussions for a stake in Binance’s U.S. arm come as founder Changpeng Zhao has pushed for the administration to pardon him for his own 2023 guilty plea.

White House has looked to ally with crypto sector with president and first lady both launching crypto projects before inauguration

Binance's billionaire founder Changpeng Zhao has been pushing for the Trump administration to grant him a pardon, the report added citing people familiar with the matter. In November 2023, Zhao stepped down as CEO of Binance and pleaded guilty to breaking U.