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Trump defends CZ pardon, says he ‘doesn’t know’ Binance co-founder

Cointelegraph
Donald Trump defended pardoning Binance co-founder CZ, claiming he does not know him and asserting the case was a "Biden witch hunt."

Summary

Former President Donald Trump defended his pardon of Binance co-founder Changpeng “CZ” Zhao during an interview with CBS News’ 60 Minutes, insisting he does not personally know the executive. Trump reiterated that he was unaware of who CZ was when he issued the pardon in late October, suggesting CZ's case was a "Biden witch hunt." This defense came amid reports that Binance facilitated a $2 billion stablecoin deal linked to Trump-backed World Liberty Financial (WLFI). Trump dismissed allegations of a "pay-for-play" scheme, stating he knew nothing about the deal because he was too busy with other matters, though he acknowledged his sons are involved in the crypto industry. He maintained that his primary concern is making crypto "great for America" and warned that aggressively pursuing individuals would harm the industry, which he believes is vital and ahead of China.

(Source:Cointelegraph)