menu
techminis

A naukri.com initiative

google-web-stories
source image

Bitcoinist

2w

read

322

img
dot

Image Credit: Bitcoinist

CZ Dismisses Rumors Of Trump Family Talks To Acquire Stake In Binance US

  • Changpeng Zhao (CZ), the founder and former CEO of Binance, has denied rumors of Trump family talks regarding acquiring a stake in Binance US.
  • The Wall Street Journal reported negotiations between representatives of the Trump family and Binance's US arm, which CZ has refuted in a recent post on social media.
  • Bloomberg had previously reported discussions between the Trump family's project and Binance, suggesting potential collaboration for a US dollar-backed stablecoin.
  • Binance faced challenges with legal issues in the US, including charges from the Department of Justice and a settlement of $4.3 billion in 2023, with CZ stepping down as CEO.

Read Full Article

like

19 Likes

For uninterrupted reading, download the app