President Donald Trump addressed questions on his pardon of Changpeng Zhao throughout a 60 Minutes interview on November 2.
He said that he doesn’t know Zhao personally and stated the choice was not primarily based on any political motives.
President Trump defined that he had heard that Zhao’s authorized case was politically pushed.
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When requested straight whether or not he had any relationship with Zhao, President Trump stated he had by no means met him and had solely realized of the scenario from others.
CBS anchor Norah O’Donnell identified studies that Binance
$18.83B
had helped fund a big stablecoin buy tied to a gaggle supporting President Trump. The president stated:
I don’t know something about that. I’ve been targeted on different issues.
When pressed additional, President Trump shifted the dialogue to his household’s curiosity within the crypto trade. He famous that his sons are energetic within the trade, which he helps, however he said that they function as non-public businessmen, not authorities officers.
Returning to Zhao’s case, President Trump steered the Binance founder was unfairly focused.
President Trump additionally stated the US crypto trade has grown and is essential to the nation’s future. He emphasised that the US ought to stay a pacesetter in crypto growth, particularly as nations like China improve their involvement.
Just lately, Zhao has been trying into submitting a defamation lawsuit in opposition to US Senator Elizabeth Warren. What did Zhao’s lawyer, Teresa Goody Guillén, say? Learn the total story.
