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Fortune

Catherine McGrath

Binance founder denies report he is seeking a pardon from President Trump—’WSJ article got the facts wrong’

Donald Trump Binance Changpeng Zhao

Changpeng Zhao at Tech Leaders at Libson Web Summit in 2022. (Credit: Zed Jameson/Bloomberg—Getty Images)

Changpeng Zhao, the founder and former CEO of the world’s largest crypto exchange Binance, is denying that the Trump family is in talks to buy a financial stake in the American arm of the exchange following a bombshell Wall Street Journal report on Thursday.

Zhao quickly took to Bitcoin reached an all-time high of $109,000 in January amid anticipation for Trump's industry-friendly policies.

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