[U.S. Democratic Senators Question Trump's Pardon of Binance Co-Founder CZ] Seven U.S. Democratic senators have sent a letter to Attorney General Pam Bondi and the Department of Justice, requesting an explanation for President Trump's decision to pardon Binance co-founder CZ. The senators accused the move of sending a signal to the cryptocurrency industry that "crime has no consequences" and questioned potential financial ties between Trump and Binance. The letter mentioned that the Trump family's decentralized finance platform, World Liberty Financial, has business dealings with Binance, and that Binance had previously paid significant sums to Trump-related lobbyists. CZ had earlier admitted to violating the U.S. Bank Secrecy Act, and the senators expressed concerns that the pardon would weaken federal law enforcement's ability to combat cryptocurrency-related crimes.
--
Loading...