Representatives of Donald Trump's family have allegedly discussed acquiring a financial stake in Binance's US arm, The Wall Street Journal reported. Binance's founder, Changpeng Zhao, is seeking a presidential pardon after serving time in prison for breaching anti-money-laundering laws. Talks between Binance and Trump allies began last year, and the potential investment could come through World Liberty Financial, a cryptocurrency venture linked to the president's family. A pardon for Zhao could help Binance regain access to the US market, while the Trump family would have the opportunity to back a major crypto platform.

Original article source: https://timesofindia.indiatimes.com/world/us/trump-family-to-acquire-stake-in-binance-firm-accused-of-money-laundering-/articleshow/119004938.cms
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