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People familiar with the matter: Binance contacted Trump allies last year to propose a business deal with the Trump family

Online reports, people familiar with the matter revealed that the two sides began negotiations after Binance contacted Trump allies last year and offered to strike a business deal with the Trump family as part of a plan to send the exiled company back to the United States. Representatives of the Trump family have been in talks to acquire a financial stake in the U.S. branch of cryptocurrency exchange Binance, a move that would allow Trump to do business with the company that pleaded guilty to violating anti-money laundering requirements in 2023. At the same time, Binance founder CZ has been urging the Trump administration to pardon him, according to people familiar with the matter. He was previously sentenced to four months in prison after pleading guilty to a related charge. It is unclear what form the Trump family stake will take if a deal is reached, or whether it will be conditional on a pardon.(WSJ)

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