4.2 • 5.3K Ratings
🗓️ 13 March 2025
⏱️ 20 minutes
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0:00.0 | President Trump has made crypto a big part of his agenda. |
0:10.2 | He's even called himself the crypto president. |
0:13.0 | And last year, I promised to make America the Bitcoin superpower of the world and the crypto capital of the planet. |
0:20.5 | And we're taking historic action |
0:22.5 | to deliver on that promise. And today, the Wall Street Journal came out with a big scoop |
0:28.1 | on a potential deal between the Trump family and a crypto giant. Our reporting shows that |
0:35.9 | representatives of Trump's family have held talks to take a financial |
0:40.2 | stake in the U.S. arm of Binance, which is a crypto exchange that in 2023 pleaded guilty and paid a |
0:48.3 | pretty massive fine after it was accused of violating anti-money laundering requirements. |
0:53.9 | That's investigative reporter, Rebecca Ballhouse. |
0:57.6 | And according to Rebecca's reporting, |
0:59.9 | not only is the Trump family in talks about a stake in Binance, |
1:04.0 | but the founder of Binance, a convicted felon, |
1:07.8 | is also asking for a presidential pardon. |
1:11.8 | And so the fact of someone, you know, pushing for an official government action from the |
1:17.6 | president at the same time as accompanies in talks with the president's family or representatives |
1:22.8 | of the president's family is just a pretty striking mixture between official and personal business. |
1:31.0 | In an ordinary administration, the family of a president pursuing a business deal like this, |
1:37.4 | particularly in an industry that the president is actively making rules for and sort of |
1:43.9 | doing things that the industry has long wanted, |
1:47.0 | would in any ordinary administration be the enormous scandal? |
1:52.9 | In this administration, I would say, you know, the Trump organization has been pretty upfront |
... |
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