Archive · 13 Aug 2025
Trump Family Crypto Venture Fuels Wealth Amid Binance Ties
The Trump family is making a lot of money through a cryptocurrency called USD1.
They partnered with a trading platform called PancakeSwap, which is linked to Binance, the world's biggest crypto exchange.
Binance's boss is trying to get a pardon from Trump.
USD1 got a big boost when Binance invested a lot of money in it.
People are trading USD1 to win prizes, and the Trump family owns a big part of this crypto, making them billions of dollars.
There are questions about these financial ties, especially since Binance has strong connections to China.
The Trump family's crypto venture, World Liberty Financial, has seen significant gains since the election, with a stake in a cryptocurrency valued at $4.5 billion.
World Liberty partnered with PancakeSwap, a trading platform quietly administered by Binance, to boost trading of World Liberty's USD1 coin.
Binance founder Changpeng Zhao, who is seeking a pardon from Donald Trump, has deepened Binance's relationship with World Liberty.
USD1 saw a major boost when Binance accepted a $2 billion investment paid in the coin, causing a massive increase in circulation.
Concerns arise from World Liberty's ties to China, contrasting with the White House's trade war stance.
- Who
- Donald Trump and family, Binance, Changpeng Zhao, and traders.
- What
- Trump family's crypto venture, World Liberty Financial, has grown substantially, boosted by partnerships with Binance and PancakeSwap.
- When
- Partnership announced in June, USD1 launched in March.
- Where
- Trading primarily on PancakeSwap.
- Why
- To increase the value and trading volume of USD1, and potentially to secure a presidential pardon.
Concerns
Perspective
Conflicts of Interest
Concerns
Critics express concern over potential conflicts of interest involving Binance and the Trump family.
Perspective
The White House denies any conflicts of interest.
Ethical Questions
Concerns
Some question the ethics of doing business with Binance given its legal issues.
Perspective
Binance maintains it operates legally.
US-China Relations
Concerns
Critics highlight the contradiction between the White House's stance on China and World Liberty's connections to Chinese entities.
Perspective
Proponents believe this relationship is business as usual.
- Trump Family Crypto Value
- $4.5 billion
- Partnership
- World Liberty and PancakeSwap
- Binance Founder
- Changpeng Zhao
- Binance Investment
- $2 billion in USD1
- Trump Family Stake
- 40% of World Liberty
- USD1 Trading Platform
- PancakeSwap