#binance

Mother Jones | Why Trump’s Crypto Empire Is in Chaos by Russ Choma AI generated summary, Read the full article for complete information. World Liberty Financial, a Trump‑family‑founded DeFi company launched in 2024, has become a lucrative but troubled crypto venture: it sold WLFI governance tokens and private stock that have raised over $550 million, netting the Trumps at least $57 million and a $187 million cash‑out from a $500 million stake sold to UAE billionaire Sheikh Tahnoon. The company’s stablecoin USD1 gained credibility after a $2 billion Binance deal, yet its WLFI token price has slumped more than 80 % since its 2024 peak, falling to under 10 cents amid concerns over complex loan arrangements that used the tokens as collateral with firms like Alt5 and Dolomite. Critics question the viability of DeFi and cite potential conflicts of interest and opaque governance, while investors remain uneasy about insider‑controlled voting rights and the lack of meaningful token votes. The turmoil escalated when major investor Justin Sun, after having his accounts frozen, sued World Liberty, underscoring the legal and financial instability surrounding the Trump‑linked crypto enterprise. Read more: https://www.motherjones.com/politics/2026/04/trump-world-liberty-financial-token-price-usd1/ #Trump #Binance #JustinSun #corruption #TahnoonZayed

New: “How the Trumps’ Billion-Dollar Crypto Stake Depends on a Company That Helped Iran Evade Sanctions.” my first report for Public Citizen #news #politics #uspol #trump #crypto #iran #binance #WLFI $WLFI 1/ https://www.citizen.org/article/trump-crypto-world-liberty-financial-binance-iran-sanctions/

Broke down Trump's crypto's dependency on Binance and Binance's history helping Iranian-backed terror groups move money despite sanctions. with Lisa Gilbert for Public Citizen #trump #uspol #politics #news #crypto #trump #binance #iran #WLFI https://www.youtube.com/watch?v=M-nery6n57E

The president's crypto venture calls Binance "integral" to its business. Binance helped Iran move billions around U.S. sanctions. I dug into what that means while Trump has led the US into war with Iran. with Lisa Gilbert for Public Citizen #news #uspol #politics #binance #crypto #trump https://fightcorporatepower.substack.com/p/crypto-corruption-and-trump

yahoo news | Wall Street’s Two Most Powerful Men Endorse CZ’s Prison Memoir Binance founder Changpeng Zhao (CZ) unveiled his 366‑page memoir “Freedom of Money” on April 8, 2026. Written largely during his four‑month U.S. prison sentence in 2024, the book traces his journey from a modest upbringing in rural China to building the world’s largest cryptocurrency exchange and navigating a $4.3 billion settlement with the U.S. Department of Justice. The memoir is backed by two of Wall Street’s most influential figures: BlackRock chief Larry Fink, who praised CZ as an early mover in blockchain adoption, and Bridgewater founder Ray Dalio, who highlighted CZ’s rise from poverty to global impact and urged readers to learn from his story. Fink’s endorsement frames the narrative around the transformative potential of digital assets, emphasizing that “digital assets and blockchain technology can unlock real opportunities for nations willing to embrace the future.” Dalio takes a more personal angle, calling CZ “a great admirer… for his bold contributions to making alternative monies accessible to almost everyone in the world.” The book also features a foreword by Binance co‑founder and co‑CEO Yi He, as well as endorsements from Bhutan’s king, Haidilao founder Zhang Yong, and early Bitcoin investor Matt Roszak. Their support arrives at a strategic moment: BlackRock’s iShares Bitcoin Trust now handles $16‑$18 billion of daily trading volume, directly competing with Binance for crypto liquidity, and BlackRock’s tokenized BUIDL fund was integrated as collateral on Binance in late 2025. The launch, however, is shadowed by fresh compliance concerns. Bloomberg reported that Binance’s chief compliance officer Noah Perlman, a former federal prosecutor hired after the 2023 plea‑deal reforms, is discussing his departure, and Fortune revealed that Binance dismissed at least five compliance investigators who had uncovered $1 billion in transfers to Iran‑linked entities between March 2024 and August 2025. Senator Richard Blumenthal has opened a Senate inquiry, and nine Senate Democrats have called on the DOJ and Treasury to investigate. While Binance denies any sanctions‑law violations and found “no evidence” of wrongdoing, all royalties from the memoir will be donated to CZ’s education nonprofit Giggle Academy, underscoring the contrast between charitable pledges and the high‑profile backing from the world’s most powerful asset managers. Read more: https://finance.yahoo.com/markets/crypto/articles/wall-street-two-most-powerful-144455396.html?fr=sycsrp_catchall #wallstreet #changpengzhao #binance #blackrock #raydalio

Programing note— Speaking live on Substack with Public Citizen co-president Lisa Gilbert at 11:30 AM EST today about my upcoming report: “Trump, World Liberty Financial, Binance, and Iran.” Tune in below! #trump #news #uspol #politics #binance #crypto #wlfi https://fightcorporatepower.substack.com/p/live-informed-resistance

#chigger #bape #binance