{"id":1056728,"date":"2025-10-28T15:51:42","date_gmt":"2025-10-28T19:51:42","guid":{"rendered":"https:\/\/democrats.org\/?p=1056728"},"modified":"2025-10-28T15:51:43","modified_gmt":"2025-10-28T19:51:43","slug":"breaking-corruption-watch-days-after-pardon-trump-partners-with-convicted-founder-of-crypto-company-binance-to-launch-coin-in-u-s","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/breaking-corruption-watch-days-after-pardon-trump-partners-with-convicted-founder-of-crypto-company-binance-to-launch-coin-in-u-s\/","title":{"rendered":"BREAKING: Corruption Watch: Days After Pardon, Trump Partners with Convicted Founder of Crypto Company Binance to Launch Coin in U.S.\u00a0"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

Today, international crypto giant Binance announced<\/a> the expansion of its partnership with World Liberty Financial, the Trump family\u2019s crypto startup. The announcement comes LESS THAN A WEEK<\/a> after Donald Trump pardoned Changpeng Zhao, the convicted founder of Binance, who pleaded guilty to money laundering in 2023. <\/p>\n\n\n\n

In response, DNC Rapid Response Director Kendall Witmer released the following statement: <\/strong><\/p>\n\n\n\n

\u201cLess than a week after Trump pardoned convicted money-launderer Changpeng Zhao, the two of them struck a lucrative business deal to line Trump\u2019s pockets. As if his pay-for-play pardon for Zhao wasn\u2019t enough, Trump will now make even MORE money from his family\u2019s long-standing partnership with Binance and their shady relationships with foreign countries. Trump continues to get his hands dirty with money-hungry crooks as he sells out the American people to enrich himself.\u201d <\/p>\n\n\n\n

Binance is one of the main drivers of the growth of World Liberty\u2019s stablecoin, called USD1, that has contributed to the massive surge in Trump’s personal wealth<\/a> since he took office. The Trump family has made hundreds of millions of dollars<\/a> through World Liberty, which has received money from firms linked to Russia<\/a>, China<\/a>, and the U.A.E<\/a>.\u00a0

Reminder:<\/strong> Zhao was convicted on serious money laundering charges after he admitted to failing to uphold compliance laws, which resulted in sanctioned countries and terrorist groups moving money through Binance. To secure a pardon, Mr. Zhao hired Ches McDowell<\/a>, a lawyer, lobbyist and longtime hunting companion of Donald Trump<\/p>\n","protected":false},"excerpt":{"rendered":"

Today, international crypto giant Binance announced the expansion of its partnership with World Liberty Financial, the Trump family\u2019s crypto startup. The announcement comes LESS THAN A WEEK after Donald Trump pardoned Changpeng Zhao, the convicted founder of Binance, who pleaded guilty to money laundering in 2023.  In response, DNC Rapid Response Director Kendall Witmer released […]<\/p>\n","protected":false},"author":302,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1056728","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"\nBREAKING: Corruption Watch: Days After Pardon, Trump Partners with Convicted Founder of Crypto Company Binance to Launch Coin in U.S.\u00a0 - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/breaking-corruption-watch-days-after-pardon-trump-partners-with-convicted-founder-of-crypto-company-binance-to-launch-coin-in-u-s\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-28T19:51:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-28T19:51:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1101\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Tristin Byrd\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tristin Byrd\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/breaking-corruption-watch-days-after-pardon-trump-partners-with-convicted-founder-of-crypto-company-binance-to-launch-coin-in-u-s\/\",\"url\":\"https:\/\/democrats.org\/news\/breaking-corruption-watch-days-after-pardon-trump-partners-with-convicted-founder-of-crypto-company-binance-to-launch-coin-in-u-s\/\",\"name\":\"BREAKING: Corruption Watch: Days After Pardon, Trump Partners with Convicted Founder of Crypto Company Binance to Launch Coin in U.S.\u00a0 - 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