Representatives of Trump’s family had a discussion to buy stocks in Binance’s US arm. Wall Street Journal Report Thursday.
The issue may have been obtained through Crypto Project World Liberty Financial, which supports the Trump family, citing people familiar with the issue, the report says.
Steve Witkoff, a friend of the US president, was involved in contract consultations, the report added. Witkoff and his family founded World Liberty Financial two months before Trump was elected president in November.
The lecture began last year after Binance contacted Trump’s allies and offered to reach a deal with his family to return the Crypto Exchange to the US
BNB is the native cryptocurrency of the Binance Linked BNB chain, which for the first time in a week exceeded $600, jumping 5% on the news.
Representatives from Binance.us declined to comment on the report.
The exchange recently saw the US Dollar Fiat Service Restoration After losing the ability to deposit and withdraw USD under the Biden administration.
Former Securities and Exchange Commission (SEC) Chairman Gary Gensler previously held BrandedBinance.us “Cauldron of Slayer” And he tried everything with his power to crack down on the exchange. As a result, the company was forced to fire 70% of its staff after losing thousands of customers and billions of dollars.
Binance also received a system investment on Wednesday Just as Abu Dhabi-based investment company MGX spent $2 billion in exchange.
