Trump definitely knows who he is.
“The pardon was given amid extensive business dealings between Binance and World Liberty Financial, a cryptocurrency company owned by the Trump family.”
Karoline Leavitt claimed the following:
“the Biden administration pursued Mr. Zhao despite no allegations of fraud or identifiable victims.”
We all know she’s a career liar so it came as no surprise that she couldn’t have been further from the truth:
“On March 27, 2023, the Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance and Zhao in the United States District Court for the Northern District of Illinois, claiming willful evasion of US law and allegedly breaching derivatives rules.The agency accused Binance of breaking rules intended to thwart money laundering operations, pointing to internal communications describing transactions by Palestinian militant organization Hamas and suspected criminals.
In June 2023, the U.S. Securities and Exchange Commission (SEC) sued Zhao and Binance on 13 charges for alleged violations of US securities rules.
In November 2024, FTX filed a lawsuit against Binance Holdings Ltd., Zhao, and other Binance executives, seeking to recover nearly $1.8 billion that FTX alleges was fraudulently transferred. The case centers on a July 2021 stock repurchase transaction in which Binance sold its stakes—approximately 20% of FTX’s international unit and 18.4% of its U.S.-based entity—to FTX co-founder Sam Bankman-Fried.”
