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According to this report https://www.bloomberg.com/news/features/2025-07-11/trump-s-crypto-link-with-binance-raises-conflict-of-interest-questions the CEO of Binance ChangPeng Zhao assisted heavily to the crypto project with ties to Trump family.

Zhao helping the Trump’s family project is not the worst thing you will hear in the cryptocurrency side of things but what has got birds chirping is that this assistance rendered by Mr Zhou happened during the time he was trying to get presidential pardon.

Binance has rejected the claims and said that it had no link to Zhou’s pardon plea. Is this another propaganda against Trump or could the allegation be true.

Yes, it is true that CZ wanted presidential pardon, which means that he will be able to be Binance CEO again which the United States Court banned him from.

You know how the world could be, there are rumors everywhere. CZ is threatening Bloomberg already that he will sue Bloomberg. He also accused Coinbase to be the problem and the cause behind the allegation. He thinks Coinbase is afraid of Binance if he becomes Binance CEO again.

It would be stupid if they claim it’s not connected to the pardon, but you know how business works. Trump launched his own coin, and that alone says a lot. He knew people would throw money at it, and sure enough, it got listed on Binance, gained big volume, and made a lot of people money.

Now, while there’s no confirmed link that ZC asked for a favor, you just have to read between the lines to see the possibilities. Nothing is ever said outright, but the timing and moves speak louder than words.

But why would Coinbase be afraid of Binance if He becomes the CEO again? He was once CEO and coinbase was still functioning, yes establishment like Coinbase would crave lesser competition but there would always be competition. His claims about Coinbase being involved doesn’t make sense.

Yes the timing of the assistance he rendered and his plea for pardon makes the claim very sensible. and according to the article this information was revealed by people very close meaning this information was never meant to be public which even make it more believable

Binance has a long history of such listings, where beneficiaries purchase large quantities of these tokens, list them, and then sell them with the money of investors who purchase them from Binance.

This has been done repeatedly with anonymous tokens, let alone the Trump token. I expect they'll do it for free.

What money? It is not an unstable coin but a stable coin. Although, it will make Trump's family more money.

The coin is also listed on Bybit,  Bitget, Mexc, Gate.io, Kucoin, HTX, Bitmart, BingX. I remember when the token was listed, it was listed fast on the exchanges.

You should not be the one to say this, let Coinbase itself should come out publicly to address the issue.

Read this:

This was in 2023 but what that is still happening.

Check Binance.us daily volume here and compare it to what it could be the weekly volume for now: https://www.coingecko.com/en/exchanges

That happened when Binance and CZ had problem with the Court in United States.

If CZ become the CEO again. What would happen?

Trump token is not the token of concern, the token that is referred to is a stable coin called USD1.



@Joy_learns_crypto, edit the topic title, people are thinking you are referring to Trump's token (TRUMP). It is wrong as it is USD1 and not Trump's token. Read my post to understand more about it.

While CZ is no longer the CEO of Binance. It's possible that he's still got a huge influence to the decision making because he's the founder of it.

But if the investigation will make Trump and CZ guilty that they've worked together for the code of Trump's token, it's not surprising that meme coin got attention.

It was executed perfectly on the right timing to be honest. And binance's influence with such listings is really powerful.

It's true that CZ was seeking Trump's pardon ever since Trump got chosen as new US president, but it's not related to that fake USD1 allegation from Bloomberg. As far as i know CZ is confirming that is fake news, and willing to take legal action against Bloomberg.

OK first of all, CZ is no longer the Binance CEO. He is literally not allowed to work for Binance anymore by the courts (but the prison guards were asking him which memecoins they should buy looool). Richard Teng is the CEO now.

Second of all, why do we care about what $TRUMP does. It already did its pump and dump. Though if President Trump and sons can get it to pump and dump a second time then I will be impressed. Dead memecoins don't zombify.

Edit: It's USD1 not TRUMP. So finally he's figured out how to make a coin that doesn't flop. Still, nobody in crypto is going to abandon USDT/USDC for this. Justin Sun will have more adoption on his USDD than Trump. Just saying.

Many stable coins have tried but USDT and USDC have been the most dominant. I think they will make up more than 80% of stable coins marketcap.

But I think USD1 tried as its marktcap is more than 2 billion dollars now. Those Trump family are very wise, they are doing nothing in crypto than to make money there.

Your topic title is misleading. Edit it to Trump's stablecoin (USD1).

I don't know who's telling the truth, but for someone that is already out of prison, what does he need a presidential pardon for? Does he need the pardon to set up another exchange? Since he said he had no intention of heading Binance. There must be a reason for this, which he's not telling anyone, and as such, people will keep guessing.

I think that it is not a bad idea if CZ seek for pardon from president Donald Trump in my opinion, its a normal to seek for pardon. CZ is not the first to seek for pardon, it id done everywhere in the world, and i don't know why coinbase should poss an obstacle to his efforts. I think he deserves a pardon, anybody can make mistakes, and i think CZ should press further to get back to his business.

That’s how you play politics don’t you think… I wonder what would become of Trump coin after he leaves the presidency and most of all, what would happen to those who invested in it. I wouldn’t say, it’s just over 3years away for us to see that.

CZ however played his card but, Trump isn’t anyone’s friend really. If he and Musk could go out on each other or rather, Trump went out on Elon and devalued Tesla, then CZ haven’t got much to hope for.

Sorry chosen or elected?. Statements like this can cause controversy.

From my observation I feel CZ is taking advantage of the fact Trump is a crypto influencer and enthusiast to seek pardon, maybe to pioneer another crypto exchange or project just a random thought anyways.

But he got the world power and we know the crypto market is all about influence and hype.USD1 might not dominate USDT/USDC which might still be a thing of probability but we know it will get recognised and influenced such that it slowly creeps into people's portfolios.

trump probably reached out to binance/cz because they are the well known ones in the crypto industry. it would be foolish to deny him help just because they won’t let cz back in as binance’s ceo. there are other crypto platforms that could help trump if not binance.

Whats crazy is the token is being run while President is in office, of course its going to lead to conflicts of interest.   I cannot blame the private individual for the mistake of someone in public office, that would be perverse, I have no doubt CZ wants a pardon I would too and best time to ask is under this crypto friendly administration.

The wide and deep network of companies, NGOs and funds that are run by democrats and receive money from any and every possible government budget do not create any conflicts of interest. No, only the TRUMP token is a big problem. This is all good otherwise.  ::)

What should we believe? You don't expect CZ to own up that he has anything related to the USD1 stablecoin, it'll be roping himself into deeper trouble. I know for sure that big business executives makes compromising deals underground all the time and as far as it stays in the coolers they're the good guys. We'll just wait and see how the drama will unfold, it should be interesting to see how the lawsuit will go and if it'll unearth more dirts than what we already suspect. I don't know about the integrity level of CZ but I'm guessing that someone in his position will do everything in his power to regain his glory of once more being the CEO of Binance.

Exchange CEOs are not our friends, sure CZ posts funny memes & stuff on X but these guys are not on our side. Both him & Brian Armstrong Coinbase run shit coin casinos. They don’t care about us & don’t really care about Bitcoin. It’s all about listing shit coins & making billions in fees. They probably trade against customers too, as they have order book depth & all types of info.

This is so true! All they care about is making money that is why they list any and every shitcoin and scam coins after they pay for the listing fees. If they had any integrity, they would not do this.

Well, CZ is not that stupid. He is seeking a presidential pardon. So it would make sense to get involved in Trump's projects to raise the possibility of such a pardon. Even TRON founder Justin Sun is getting heavily-involved in Trump's World Liberty Financial (WLFI) project. He was one of the top holders of the TRUMP "meme" coin a while ago. WLFI's stablecoin USD1 will be launching on TRON soon.

Maybe CZ will get lucky as things move in his favor? If his name is cleared, it's likely he will make a return in his own company (Binance). Probably even USD1 will get to live on the BSC blockchain, too. The current administration is pro-crypto, so things will go on smoothly for both crypto companies and investors alike. At least, for the next 4 years.

For me, there's indeed conflict of interest. That's from my common sense, though. Technically, however, there might be none.

They'd claim and show official records that World Liberty is independent from President Trump. Binance could also claim and likewise show official records that CZ has no official part whatsoever in its operations. Therefore, there's no conflict of interest when Binance aided World Liberty in developing and promoting USD1, all the while CZ requests presidential pardon.

And what's the fuss when CZ has not been granted pardon?

Conflict of interest is just cause for merit in that administration these days, and there's no one left to cause any ramifications over this. And pretty much every single one of these crypto bros have paid millions to trump already. So i don't see some token affiliation even meaningful. Especially when this is like any other shady deal CEXes do when they are involved in countless shitcoin pumpings and wash trading.

I fail to see how ex CEO of Binance can be shown as relevant here.

Even if they deny the claim of not having connection in this, it is still not enough to believe that CZ is doing that to get a presidential pardon which he’ll be the happiest man if granted and become the CEO of Binance once again. They can’t even accept the allegations because they will never say the truth if they’re involved in it, but from all indications they actually did it to help get CZ a presidential pardon. This rumor can’t just come out of nowhere if there’s no connection to this claims whatsoever. I feel the allegations is true and less of it being a propaganda against Trump.

This is all just business so whatever is good for their business, they will surely do it. And besides, we really don't know their intentions on both camps. If people won't patronize that particular token, it won't go anywhere, right? So it is now up to the people if they will utilize it or not.
I remember this token, SHIB, binance also listed this meme token even if the team behind it did not submit their application of listing. That was because, SHIB was the hype and they knew, they can get money out of it. And so they listed it. Also do take note that it is actually hard to get listed in binance because they have long list of requirements. Again, remember, this betfury token from betfury. It was long discussion as to when they will get listed and I believe, up until now, they haven't been listed in binance. It goes to show that if there's business in any project, binance will surely list that project, unless, that project is a very controversial one which will have negative impact on their reputation.

Conflict of interest has always been the rule of the game. Underneath what seems to be the norm or acceptable standard are gifts, bribes, grease money, donations, peace offering, token of gratitude, whatever you call it.

Relevant because he's the owner of Binance. He isn't the CEO. He isn't involved in the company's operations. He doesn't have a role. Well, say what you want to say, but he's the owner. Do you think Teng and other powerful executives of Binance would take CZ's words lightly because he doesn't have any official designation in the company? Uh-uh.

All big exchanges are supporting Donald trump and he launched his token and he Invested money on that and he got millions of dollars in returns because he is famous all over the World and he created hipe in the crypto and millions of people bought this token in the presale and after people hold this token and control of market is in the hand of Donald and he is famous personality and he is taking advantage of that. People are impressed by Donald but they don't know he is scamming with the common people and they blindly followed this person. I think in the next election he will be our of the game but there should be strong opponent who will compete to stabilize World .Binance manger is supporting and he will be in lose after when he will get the point of Donald

I can't read a bloomberg article but as I understood, CZ helped him with the code, facilitated its adoption and helped with adoption. To be honest, he hasn't done anything sensational, I don't think that this news is choking but Binance did it to strengthen ties with Donald Trump, as many other CEOs and famous people do. Banks have done much worse in the world, they have directly helped wealthy famous people to launder money.

They can't be because they are rich and famous public figures. When you are wealthy and public knows you, you do not 100% belong to yourself because you have an influence over people and there are too many bad guys in the system to not allow you to do what you want. CZ is also a very shady person, he has been doing many dirty things to increase Binance's capital. He did lots of artificial pumping of the BNB coin.

So basically, CZ got jailed, for what he did with Binance, and Trump, told him, if he helps with trumps problem, CZ would be pardoned, and that's why, CZ helped Trump, scam others, just to get pardoned? That seems like it's a very weird feeling and a horrible thing. Both sides by the way. CZ allowed the situation to be something so horrible, but at the same time we are dealing with Trump using others, to scam others, just for his own personal gain. Definitely a terrible period to live in.

In any case, never really found CZ to be that great, it's really a just a shocking thing that he is doing it with Trump, because I assumed he would side with China a bit more, it is definitely interesting to see, his badness got called up at USA instead.

Is China interested in him? They won’t even unban bitcoin and much worse there hans’t been much interested from them. So it doesn’t make sense for him to reach out and offer his services when China seems sstisifed and content with not having to do anything with bitcoin itself.

Although CZ is Chinese, but his family moved and settled in Canada in 1980 and they became Canadian citizens. Furthermore, Chinese law does not allow its citizens to have dual citizenship. That means CZ is no longer Chinese and he has no relation to China.

Not just you, bitcoin maximalists have never found CZ cool because he created a centralized exchange, a centralized cryptocurrency, which goes against the decentralized concept of bitcoin. But if you are an average crypto investor, you will find his contributions to the crypto industry commendable.

Who cares if there's any truth to it or not? If the president has already scammed people with his memecoins, why wouldn't he use every possible opportunity to profit from cryptocurrencies?

Rich and influential people very easily coordinate their common interests, and even if this is not about something that is part of a settlement for almost no prison sentence, does anyone think that CZ is so stupid as to refuse any request from the US president?

He surely is not stupid, but if all these are true then he is unethical. Think about what kind of person you have to be, to do something illegal, and then help another illegal criminal to get your illegal work to be pardoned. That is what a criminal and an unethical person can do. I keep saying, we are not rich (the ones who are not rich here) because we do not like to commit a crime, and if we wanted to, then we could have been as rich as many of them.

Trump is a criminal, that is legally proven, he was forced to pay fines and such, he has committed crimes, when people think of "criminal" they think of some gang guy or whatever, but the reality is, he has broken the law. Same goes for CZ, and now we are hearing they are both working on the same thing. Nobody should trust that coin.

There are always two types of criminals, those who do it with white gloves, and those who do it the classic (dirty) way. The former will never end as badly as the latter because the former have powerful friends and expensive lawyers who make saints out of the worst people, while the latter serve to show how the system works the right way.

As for trust, it would be logical that the average person would not trust this project, but Mr. Trumpet and CZ have millions of fans who fall into a trance every time they speak. They are a very solid base on which they will be able to earn a lot of money.

True. At least, CZ came up with the idea of a "decentralized" smart contracts platform that would rival Ethereum. Undeniably, BNB is faster and cheaper to use than ETH. I guess that's one of the biggest contributions CZ made to the crypto industry. Surprisingly, BNB reached a new ATH. $1k per coin is the next target.

I'm sure a stablecoin such as USD1 will triumph on Binance Smart Chain. If Trump grants CZ the "Presidential Pardon", BNB will be going all the way to the moon. A win-win for both BNB investors and CZ himself. At this pace, CZ will become the richest crypto person in the world. Only time will tell...

The article covers every aspects in every way to point out that CZ helped Trump to build his USD1 to get political benefits but which political benefits they were talking about I mean he was already out from the Jail, which was of four month, and he applied for that pardon in May 2025 so how is this related, I don't understand, he was not even the CEO of the company when Binance (if) helped Trump to build USD1. I mean even if they did he was not the CEO okay, let's assume he still has acquaintances there who want to help him but in what way this good gesture or help (if there is any) helped him.

Because there was not help give to CZ as far as I know, he was out of the jail, he was not the ceo of the Binance, and he is not even given any pardon by the officials maybe the purpose was to get back into the ceo chair but when he was out he said he has not plans to be the ceo of the company (binance). So all this seems like a political move but reality can be manipulated so no other comments until more knowledge.

This news can be true. After the criticism he got from $Trump coin pump and dump, he has to device another means to own a coin but this type one that will be less volatile and stable. From the look of things, Trump does not know shit about cryptocurrency, he sees it as the new big thing, took the opportunity will his influence and gained from it. Basically, it might just be true CZ aided Trump in USD1 and for Trump to fulfill the other part of the bargain becomes a problem.

Key note; Dont get on a deal with Trump, he has the power to changes laws in his favor.

Not only the BNB ecosystem but also the world's leading exchange Binance. We have to admit that Binance is one of the most trusted centralized exchanges and offers the best user experience, so far. Binance has made great contributions in attracting new investors as well as helping to increase liquidity for the entire market.

Not to mention, Binance Labs is also one of the prestigious investment funds in the market that helps promote the development of many blockchain projects. All of this brought CZ fame, status, and wealth, but they also helped shape the crypto industry in its early days when there weren't many Wall Street giants backing crypto. Only the selfish and jealous deny and hate his contributions.

CZ did not deserve to be convicted, he deserves to be pardoned.

Doesn't matter how stupid it will be if they claim that it's not connected to the pardon, do people care about it? :D
How much money did he make via Trump coin? I seriously don't understand why Trump needs to create a Trump fragrance, Trump coin, Trump mobile? What the hell is this? Is he the next Tom Ford? Is he the next Steve Jobs? Why on planet earth this idea comes to President's mind and why on earth people pay money in Trump's fragrance or Trump Mobile? Maybe I'll never understand this but I wouldn't pay a single cent into his products because it's clear as the day that it's totally built on his name and doesn't offer any innovation or exclusivity. If anything, it's known that Trump smells shit.

There is nothing wrong with being a criminal if the laws are stupid and complicated. You can break laws unknowingly and knowingly. Chances are you, me and everyone in this thread are technically criminals as we broke some unknown laws in our lives, we just have not been convicted of anything. Prove me wrong.

No, why should anyone care about it?

Why would he not make all of those things if they sell? While gullible people in the left believed that Trump is about to go bankrupt due to the politically manipulated lawsuits, he is now richer than he has been for a long time if ever.  :D

Well, we are talking about someone who is incredibly rich and got himself in trouble because his platform being involved with money laundering. It is obvious he will try to use his money and influence to buy himself a pardon from the presidency of the country. Also, I had no idea that stable coins was being issued by the Trump family, through their cryptocurrency firm.
I don't even know what they could be trying to achieve by having their own coin in such manner... Considering the competition within this market is completely dominated by USDT and USDC, very few people will pay attention to their backed token...

He didn't get into trouble because of money laundering, he got into trouble because of politics. Know the difference, don't let public information mislead you. Every single of the biggest banks in the world are processing more money laundering per year than any crypto platform or exchange could ever do. Are they arresting their executives or owners? Very rarely, and most often because of other fraudulent behavior and not this.

I don't. I hate trump with a burning fire, but that doesn't mean I wouldn't ask for a pardon if I could. CZ didn't do anything that criminal neither, his literal crime was breaking the sanction, he is considered to do "money laundering" or basically help it, but we all know that, it wasn't money laundering that he was punished for, it was getting the Russians take their money out of USA during sanctioned period, using Binance.

This is of course illegal, but not a "bad" thing to do. And if I did that, and USA gave me a pardon, by writing a few lines of codes for some shitcoin, then I am sorry but I would have done the same too. Would still keep on hating trump, but that doesn't prevent me from attempting to get the pardon I deserve.