Binance Faces Renewed Scrutiny Amidst CZ Pardon

US lawmakers have accused Binance, a cryptocurrency exchange, of supporting projects linked to former President Donald Trump’s family, including World Liberty Financial (WLFI) and its stablecoin USD1. These allegations come after the founder Changpeng Zhao (CZ), received a pardon from the Trump administration following his release from prison last week, and reports suggesting his return to Binance. Binance has responded by stating these accusations are purely a business decision with no political motivation. This renewed pressure on the exchange follows recent speculation surrounding CZ’s involvement in the company.