PANews March 13 news, according to CoinDesk, citing The Wall Street Journal on Thursday, a representative of the Trump family has negotiated to acquire shares in Binance's US branch. The report quoted people familiar with the matter as saying that the shares may have been acquired through World Liberty Financial, a crypto project supported by the Trump family. Steve Witkoff, a friend of the US President, participated in the transaction negotiations. The negotiations began last year, when Binance contacted Trump's allies and proposed a deal with the family to return the cryptocurrency exchange to the United States. Binance founder Zhao Changpeng has been urging the Trump administration to pardon him. He was previously sentenced to four months in prison after pleading guilty to a related charge. It is unclear what form the Trump family's shares will take if the deal is reached, or whether it will be conditional on the pardon. Binance.US did not respond to a request for comment at the time of publication.
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Source: Trump family in talks to buy stake in cryptocurrency exchange Binance
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