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Trump pardon of crypto billionaire sparks concerns over his use of the pardon power

This authoritative-secondary source from CBS News / 60 Minutes supports 1 claim across 1 ledger entry.

Publisher
CBS News / 60 Minutes
Published
2025-11-16
Accessed
2026-09-03
Source quality
authoritative-secondary

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Claims supported by this source

  1. factreported

    CBS reported that sources said Binance donated software used by World Liberty Financial and described the later $2 billion MGX investment settled with USD1 before Trump's pardon of Zhao. Counsel for Zhao and Binance denied providing technical support, personnel, or other resources; WLF counsel said Binance supplied freely available software only to save development time and said WLF neither contacted Trump about Zhao nor played a role in the pardon. AP separately reported Zhao's lawyer denied any link or quid pro quo between Binance's Trump-family business and the pardon.

    60 Minutes transcript, paragraphs 115–167: source accounts, MGX/USD1 sequence, Trump statement, and Binance/WLF denials

    Reporting examines Binance-WLF support and USD1 links before Zhao's pardon · Pardoned October 21, 2025; Binance-WLF technical-support accounts remain disputed · reviewed 2026-09-03