How a Billionaire Felon Boosted Trump’s Crypto Company en Route to a Pardon

WSJ TechThursday, October 30, 2025 at 1:00:00 AM
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How a Billionaire Felon Boosted Trump’s Crypto Company en Route to a Pardon
In a surprising turn of events, Binance has played a pivotal role in facilitating a $2 billion purchase of World Liberty's stablecoin, showcasing its technological prowess. This move has drawn attention not only for its financial implications but also for the unexpected clemency granted to Changpeng Zhao, the billionaire behind Binance, which has raised eyebrows within the administration. This development highlights the intricate connections between cryptocurrency and political maneuvers, making it a significant moment in the evolving landscape of digital finance.
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