Just a few hours ago Senator Elizabeth Warren, a member of the Democrat Party, raised the recent story by Bloomberg about how the ‘Trump Crypto Venture Has Talked to Binance About Doing Business.’ In her speech the Senator spoke in detail about today’s breaking story. The story about how the Trump Administration might have discussed a new stablecoin with Binance.
The source of the story has remained anonymous. An often-used explanation for stories on leading newswires today. How Senator Warren quoted the article, especially what had happened in the past to CZ, the founder of Binance was the main point. More importantly, why.
Bloomberg just broke news that the Trump family’s crypto company has been in discussions with Binance on doing business, including possibly creating a new stablecoin.
— Senate Banking and Housing Democrats (@SenateBanking) March 13, 2025
We have a chance to fix this stablecoin bill to prevent this kind of naked corruption. pic.twitter.com/NdQH4RHnl3
The suggestion was made that members of the Trump ‘family’, and not the Trump administration, had met with Binance to discuss Binance.US. It wasn’t even with direct members of the Trump family. It was with one of the Trump family’s crypto ventures, World Liberty Financial Inc., More importantly, Binance.US. is an entity many online observers had been told was not related to the main Binance entity. This leads to the question about how much basis the story has?
Has There Been a Response?
In his online response, the founder of Binance doesn’t appear to address the suggestion, or others, direclty. He more raises the question about the basis of the narrative itself, and what could be motivating it. Here one should consider that CZ has had a history of disagreements with mainstream media, including DisruptionBanking. We have felt the wrath of Binance’s legal counsel in the past, as have many others.
CZ has called the Bloomberg story ‘baseless’ on the X platform. The founder of Binance accuses Bloomberg of admitting that their whole article is imaginary. However, he was at the White House on Friday last week, was he not? Surely there are some discussions between him and the wider Trump family? Nobody raised an eyebrow then… Yet today? It does raise a question.
CZ comments in his posts today that it is alledged there was a deal that was made for a pardon. This may be related to his previous jail sentence in the U.S. DisruptionBanking is not in a position to confirm this.
Is the article by Bloomberg an attack on Trump and the crypto moves seen recently? Or is there some other justification?
Author: Andy Samu
#Trump #Binance #Stablecoin #Crypto #CZ #ElizabethWarren #Bloomberg #BinanceUS
See Also:
Lawfare: How Elite London Law Firm Helped Cover Up Binance’s Crimes | Disruption Banking
Was Binance Helping Fund Hamas Prior To Its Attack On Israel? | Disruption Banking
Should Binance be Involved in the Elon Musk Twitter Purchase
The CFTC’s Charges Against Binance and More at FTCrypto | Disruption Banking