Senator Claims Binance.US Benefited From Trump’s Pardon of CZ
The political fallout surrounding Binance.US and the pardon of Changpeng “CZ” Zhao is escalating.
U.S. Senator Chris Murphy publicly criticized the crypto exchange on X (formerly Twitter), accusing it of boosting Trump-affiliated digital assets shortly after the White House intervened in Zhao’s criminal case.
Murphy’s claim came in response to Binance.US promoting trading for USD1, a stablecoin tied to Trump’s World Liberty Financial crypto brand. The senator said the exchange appeared to reward Trump just a week after he “pardoned Binance’s owner.”
The post triggered intense speculation about whether political and financial interests influenced the decision to free CZ — a move that has divided both Washington and the crypto community.
Binance.US Defends Itself as Scrutiny Intensifies
In a follow-up statement, Binance.US rejected any political connections behind the listing decision.
The exchange said it thoroughly reviews every token before launch and stressed that USD1 and WLFI were already listed on 20+ exchanges before the announcement.
“This was a business decision… It’s unfortunate that routine decisions are now being politicized,”
— Binance.US
The exchange also emphasized its independence from global Binance operations, which CZ previously oversaw.
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Congress Demands Answers on CZ Pardon
The controversy is growing. Lawmakers from both chambers of Congress have demanded formal investigations into the presidential pardon, warning it could signal to “crypto executives and white-collar criminals” that the law no longer applies.
Meanwhile, House Representative Ro Khanna is drafting legislation to ban presidents, their families, and members of Congress from trading cryptocurrencies and stocks — an ethics reform inspired directly by Zhao’s release, which Khanna labeled “blatant corruption.”
🎯 What’s at Stake?
This clash isn’t just about one exchange — it’s about:
✅ Whether a U.S. president used crypto for political gain
✅ The future of crypto regulation and transparency
✅ Binance.US fighting to defend its legitimacy
✅ Growing fears of corruption in high-level financial decisions
📌 Conclusion
The fight over Binance.US, the Trump crypto ecosystem, and CZ’s pardon is now a major flashpoint in U.S. politics — with consequences that could reshape:
✔️ Cryptocurrency oversight
✔️ Presidential powers
✔️ Public trust
