Trump Comments on Binance Chief and Crypto Regulatory Enforcement
Trump Comments on Binance Chief and Crypto Regulatory Enforcement
Former President Donald Trump, in a recent interview, downplayed his knowledge of former Binance CEO Changpeng Zhao. Trump suggested that Zhao was unfairly targeted, labeling the Biden administration's actions against Binance and the broader digital asset sector as a 'witch hunt' against crypto, potentially linking it to family crypto dealings.
Trump Weighs in on Binance and Crypto Crackdown
In a candid interview, former President Donald Trump addressed his familiarity with Changpeng Zhao, the founder and former CEO of major cryptocurrency exchange Binance. Trump indicated that he was informed Changpeng Zhao was a victim of what he described as the Biden administration's 'witch hunt' targeting the cryptocurrency industry.
This statement adds a political dimension to the ongoing discussions surrounding regulatory enforcement against crypto entities and executives, particularly in light of reports linking presidential pardons to his family's involvement in crypto dealings.