Richard Teng said Binance "didn’t partake" in the decision for an Abu Dhabi-based company to use World Liberty Financial's USD1 for a $2 billion investment into the exchange.
Corruption News
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Senator Chris Murphy alleged corruption over the exchange “promoting Trump crypto” shortly after the US president issued a pardon for Binance founder Changpeng Zhao.
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Many in Congress are scrutinizing Donald Trump’s presidential pardon of Changpeng Zhao, but Senator Elizabeth Warren’s comments drew attention from the former Binance CEO.
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President Donald Trump has pardoned CZ, marking another act of clemency for a prominent figure in the crypto industry that signals a concerning trend.
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Seven Senate Democrats asked the US attorney general and the DOJ to explain President Trump’s pardon of Binance co-founder Changpeng Zhao, calling it a corrupt move.
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Bolivian President-elect Rodrigo Paz plans to use blockchain for public procurement and include crypto in asset declarations for a new fund.
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Albania has turned to AI bot Diella to tackle public procurement, aiming to rein in the Balkan country’s long-standing issues with corruption and organized crime.
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California Governor Gavin Newsom says his planned memecoin is meant to expose the absurdity of Trump’s crypto ventures.
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The bill pushed by the representative included a ban on lawmakers and their families from “launching, promoting, or trading in coins where they hold a personal financial interest.”
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Backed by $2.5 billion in funding, Trump’s media company has started acquiring Bitcoin as part of its previously announced investment strategy.
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The UK has jailed a former National Crime Agency officer who stole and spent Bitcoin seized from Silk Road 2.0 co-founder Thomas White.
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Fairshake reported raising $52 billion from the crypto industry in the first half of 2025, at a time when candidates previously supported by the PAC were providing crucial votes.
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The Justice Department says two LA Sheriff deputies admitted to helping extort victims, including for a local crypto mogul, while working their private security side hustles.
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House Republicans announced a "crypto week" to consider three digital asset bills starting on Monday, but Democratic leaders are pushing back.
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With the US president’s ties to his family-backed business, World Liberty Financial, and a memecoin launch, Donald Trump has seen his personal wealth increase by millions in 2025.
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