Trump’s Crypto Ties Spark Concern as Senators Demand Transparency from Binance

A group of Democratic US senators has sent a letter to the Department of Justice and Treasury Department expressing their concerns about the potential conflicts of interest arising from President Trump’s ties with cryptocurrency exchange Binance. The senators, citing reports highlighting deepened connections between Trump and Binance since his presidency began, urged for transparency on steps taken by Binance following its November 2023 plea deal with US authorities.