Connecticut Senator Says Binance ‘Greased the Wheels’ for Trump’s Crypto Deals
The post Connecticut Senator Says Binance ‘Greased the Wheels’ for Trump’s Crypto Deals appeared on BitcoinEthereumNews.com.
In brief Senator Chris Murphy (D-CO) has alleged that Binance helped facilitate Trump’s “corrupt crypto coin” and UAE deals in exchange for a presidential pardon of founder Changpeng Zhao. Binance listed Trump’s USD1 stablecoin on Tuesday, one week after Zhao’s pardon, prompting Murphy to call the White House a “24/7 corruption machine.” Democrats, including Maxine Waters, Elizabeth Warren, and Ro Khanna have condemned the pardon as corruption tied to Trump’s crypto ventures. Connecticut Senator Chris Murphy has accused crypto exchange Binance of helping facilitate corrupt deals in exchange for a presidential pardon of its billionaire founder Changpeng “CZ” Zhao. “We aren’t dumb. Your company launched Trump’s corrupt crypto coin,” Senator Murphy tweeted Friday. “You greased the wheels of the massively corrupt UAE ‘trade secrets for cash’ deal.” “You basically did whatever crooked thing Trump asked. And then, voila – your billionaire owner gets a pardon! C’mon,” Murphy wrote, directly addressing the crypto exchange. We aren’t dumb. Your company launched Trump’s corrupt crypto coin. You greased the wheels of the massively corrupt UAE “trade secrets for cash” deal. You basically did whatever crooked thing Trump asked. And then, voila – your billionaire owner gets a pardon! C’mon. https://t.co/NQk7aWMwmn — Chris Murphy 🟧 (@ChrisMurphyCT) October 31, 2025 The comments came a week after the White House confirmed President Donald Trump had pardoned CZ, who served four months in federal prison in 2024 after pleading guilty to violating U.S. anti–money laundering laws. The pardon, touted by the administration as ending the “Biden Administration’s war on crypto,” has triggered a political uproar in Washington. ‘Full-time corruption machine’ Murphy has posted a series of critical tweets since the pardon, with the attacks ramping up after Binance US announced on Tuesday that it would list USD1, a stablecoin issued by Trump’s World Liberty Financial project.…
