00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Zhang Peng Zhao, founder of cryptocurrency exchange Binance, is seeking a pardon from Trump
00:06for 2023 money laundering violations, according to the New York Times.
00:10Zhao has been out of prison for two years and is pursuing a sophisticated influence campaign,
00:14publicly praising Trump's crypto policies while hiring lobbyists with ties to the president's
00:18circle. New York Times also reported that Binance formed a business relationship with the Trumps
00:23through a deal that benefited their crypto firm World Liberty Financial.
00:26Both solid Binance pleading guilty in 2023 to allow elicit actors to move money through
00:31a flawed compliance system.
00:32For all things money, visit Benzinga.com.
Comments