U.S. Senators Investigate Binance Ties to Trump After Settlement

Senators are probing potential conflicts of interest surrounding Binance’s connections with Donald Trump following a $4 billion settlement with U.S. authorities. This inquiry, led by Democrats, focuses on Binance’s ties to Trump’s business interests in the U.S., including his family-backed crypto projects and partnerships with foreign investors. The investigation is raising concerns about potential regulatory conflicts as Binance faces scrutiny on stablecoin partnerships and leadership changes following the settlement.