Citation Needed
Binance’s Changpeng Zhao earns a gold-plated pardon as other industry figures fund Trump’s $300 million ballroom
he saw Mamdani talking about housing and thought: but what about crypto?
my guess is this is more of a hail mary attempt to get blockchain/AI money and influence behind him. we haven't seen much crypto industry spending in races below the federal level, but i also wouldn't put it past them to get involved here at the last minute
Read · Oct 17, 2025
Citation Needed
October 2025 brought the most dramatic crypto flash crash of all time, but it was only a dress rehearsal for the systemic crisis the industry is building toward.
Citation Needed
Trump is still corrupt, a core developer warns bitcoin won’t survive an upcoming code change, and crypto lenders are ratcheting up leverage like it’s 2022.
Citation Needed
Democratic lawmakers sound corruption alarms while crypto PACs gear up for the midterms
Read · Sep 22, 2025
Justin Sun has hired Baker & Hostetler lawyer Teresa Goody Guillén to represent him in his lawsuit against Bloomberg. Goody Guillén has previously represented the Trump family’s World Liberty Financial, and she has lobbied for a presidential pardon for Binance’s Changpeng Zhao.
From an August issue of my newsletter:
![Former Binance CEO Changpeng Zhao is still hard at work trying to secure a pardon for his 2023 money laundering conviction [I79, 83]. Zhao has personally spent $30,000 in the last few months on lobbying the president for “executive relief”, hiring BakerHostetler partner Teresa Goody Guillén (a former SEC lawyer from 2009–2011).31 Since March 24, Binance has also spent another $190,000 on Goody Guillén’s and other BakerHostetler lobbyists’ services to lobby Congress, the SEC, and the CFTC on “financial services policy issues relating to digital assets and cryptocurrency”.32 Goody Guillén simultaneously represents the Trump family’s World Liberty Financial project; she wrote the brief May retort from the company in response to Senator Blumenthal’s questions about Trump’s conflicts of interest [I83, 84].33](https://storage.mollywhite.net/micro/dfbc9c62fdc2132c3181_Screenshot-2025-09-12-at-3.13.39---PM.png)
Citation Needed
The Trumps “debank” major customers from their “anti-debanking” cryptocurrency venture, and a CFTC nominee says the Winklevosses are blackballing him
