US senator questions USD1 launch on Binance.US following CZ pardon
Senator Chris Murphy alleged corruption over the exchange “promoting Trump crypto” shortly after the US president issued a pardon for Binance founder Changpeng Zhao.
Update (Oct. 30 at 7:30 pm UTC): This article has been updated to include an X post from Binance.US.
Connecticut Senator Chris Murphy is calling out Binance.US, alleging the cryptocurrency exchange played a role in US President Donald Trump’s pardon of former Binance CEO Changpeng “CZ” Zhao.
In a Tuesday X post, Murphy responded to a social media post by Binance.US announcing the launch of trading for USD1, the stablecoin tied to the Trump family crypto company World Liberty Financial. According to the senator, the exchange was “promoting Trump crypto” just a week after the president “pardoned Binance’s owner,” referring to Zhao.
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