Activity tagged "Trump administration"

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Donald Trump has pardoned Binance founder Changpeng Zhao. Binance has been a major supporter of Trump's crypto projects, and Trump has already made millions after Binance accepted a $2 billion investment from an Emirati fund denominated in the Trump family's USD1 stablecoin.

WSJ headline: Trump Pardons Convicted Binance Founder

One of the people CZ hired to lobby for the pardon is  Teresa Goody Guillén, a lawyer who has simultaneously represented the Trump World Liberty Financial project. She's also lobbied on behalf of Binance on crypto-related topics.

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In six months, the Trump administration has already withdrawn or halted enforcement actions against 165 corporations of all types – and one in four of the corporations benefiting from halted or dropped enforcement is from the technology sector, which has spent $1.2 billion on political influence during and since the 2024 elections.