Senate Probes Potential Binance Ties to Trump’s Crypto Firm

Senators are demanding answers regarding potential connections between Binance and Donald Trump’s new crypto venture after reports of meetings between the exchange’s executives and Treasury officials despite a legal settlement. The move follows a letter from five Democratic senators, including Chris Van Hollen, Elizabeth Warren, Richard Blumenthal, Sheldon Whitehouse, and Mazie Hirono, who questioned Binance’s recent activities following its guilty plea for money laundering and sanctions violations in 2023.