Story perspectives

Zhao Denies Trump Ties Amid Calls for Investigation

11/10/2025

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Summary

Story summary

Changpeng Zhao, former Binance CEO, denied business ties to U.S. President Donald Trump.
Zhao told Fox News he had only a brief encounter with Eric Trump and no discussions about Binance.
Trump framed the pardon as a response to a 'Biden witch hunt' against Zhao, potentially allowing him to resume ventures.
Democratic lawmakers, including Elizabeth Warren, called for investigations over pay-to-play concerns.
Binance remains the largest crypto exchange globally.

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Story summary

Changpeng Zhao, former Binance CEO, denied business ties to U.S. President Donald Trump.
Zhao told Fox News he had only a brief encounter with Eric Trump and no discussions about Binance.
Trump framed the pardon as a response to a 'Biden witch hunt' against Zhao, potentially allowing him to resume ventures.
Democratic lawmakers, including Elizabeth Warren, called for investigations over pay-to-play concerns.
Binance remains the largest crypto exchange globally.