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- The founder of Binance denied the claim that his request for presidential release was associated with an agreement on shifts with the Trump-Volume Liberty World.
Binance [BNB] The founder of ChangPeng Zhao (CZ) refused to claim that after his crypto of the company was looking for forgiveness from President Donald Trump.
Source: CZ/x.
Reacted to Bloomberg message This claimed that Binance played a key role in creating an intelligent USD1 power agreement, Stablecoin issued by Trump-Busled World Liberty Financial (WLFI).
Claims against Binance’s CZ
USD1 was launched in March 2025 and became the fifth largest Stablecoin with a market ceiling of $ 2.2 billion.
According to Bloomberg report, Binance not only created Stablecoin, but also promoted it to its 275 million users.
Media outlet added that MGX Abu Dhabi had invested $ 2 billion in Binance via USD1 instead of an opponent Stablecoin.
However, the publisher noted that it was not clear whether the World Liberty paid Binance or CZ for creating stablecoin.
Of course, the accusation ruled by control around Zha’s past legal problems in the US
Confirmed the request for mercy but rejected the timeline
In 2023 there were CZ and Binance fine $ 50 million and $ 4.3 billion, or for violating money laundering laws, respectively. In fact, CZ was forced to resign as CEO and was imprisoned for four months.
However, this was not the first time that CZ hit the headlines for the alleged partnership with Trump.
In May The Wall Street Journal (WSJ) announced that the Trump family wanted a stake in Binance US Zhao distant Himself from the message and calls it a “hit piece”.
Two other reports claimed that he asked for presidential mercy in May. Denied them, but later confirmed that he asked one after the news.
BNB reaction
Of course, the market did not ignore the drama.
Source: Glassnode
The update has been slightly decreased by BNB market traction. Data Glassnode, BNB daily active addresses dropped by 5% per 1 million and the volume per chain threw 20% to $ 467 million.
In addition, financing rates remained straight, indicating cold until the weekend. At the time of printing, BNB traded for $ 690, which is 14% since the June minimum.
