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  • 5 months ago
Binance CEO Richard Teng denied allegations that the exchange favored USD1, a Trump-backed stablecoin, ahead of Changpeng Zhao’s pardon. Teng said MGX’s $2 billion investment using USD1 was independent of Binance. Reports claim Binance supported the coin’s development, while Trump-linked entities hold WLFI tokens through World Liberty Financial.

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