TLDR Crypto · MARKETS & BUSINESS

TRUMP FAMILY HELD TALKS TO BUY STAKE IN BINANCE.US

coindesk.com2 min read

Summary from the TLDR Crypto newsletter

The Trump family has engaged in talks to acquire a stake in Binance.US through World Liberty Financial, according to the Wall Street Journal. BNB climbed 5% to over $600 on the news, though Binance founder CZ denied the claims amid reports of seeking a pardon for financial crimes. Binance is aiming to reclaim its US foothold with restored USD fiat services and a $2B investment from Abu Dhabi-based firm MGX.