The crypto and political worlds collided in a head-on crash, and guess what? U.S. President Donald Trump just threw gasoline on the fire by claiming he doesn’t know Binance founder Changpeng Zhao, aka “CZ,” whom he pardoned just days ago. We’re all shocked (insert sarcastic tone here) after this bombshell was dropped during Trump’s November 2, 2025, interview on CBS’s 60 Minutes. Critics and crypto enthusiasts alike are practically doing backflips of disbelief, with many accusing him of, well, being a liar. 😲
Trump Doesn’t Know Who CZ Is! 😱
Yes, folks, you heard that right. During the interview, host Norah O’Donnell casually asked Trump about the controversial pardon. Because, you know, pardoning someone is a totally random, not-at-all-political thing to do. Zhao, the man with the name everyone in crypto knows, had pleaded guilty in 2023 to charges of willfully violating U.S. anti-money laundering laws. But don’t worry, it was all smoothed out with a hefty $4.3 billion settlement, and Zhao resigned as CEO of Binance and served a charming four-month prison sentence. 💸
So when O’Donnell asks Trump why he pardoned Zhao, Trump’s response? “I don’t know who he is.” 🤔
Yes, that’s the official excuse: “I don’t know him.” Forget the $2 billion transaction that Binance helped facilitate with Trump’s family crypto project, World Liberty Financial. Let’s just pretend that didn’t happen. (Spoiler: it totally did.)
O’DONNELL: Why did you pardon Changpeng Zhao?
TRUMP: Are you ready? I don’t know who he is.
O’DONNELL: His crypto exchange Binance helped facilitate a $2b purchase of World Liberty Financial’s stablecoin. And then you pardoned him.
TRUMP: Here’s the thing – I know nothing…
– Aaron Rupar (@atrupar) November 3, 2025
But Trump wasn’t done. He quickly shifted the conversation and added, “My sons are into it, and I’m glad they are because crypto is a great industry.” Yeah, crypto is a “great industry”-especially when it’s got your family’s name all over it. 🤑
“They’re running a business, not in government,” Trump continued. Hmmm, so is this the part where we pretend there’s no conflict of interest here? 🙃
Questions Over Ties and Timing ⏳
The timing of this pardon? Perfectly normal. Nothing suspicious here, folks. The pardon was issued on October 23, 2025, right around the time that UAE-based funds used Binance to buy shares in Trump’s crypto venture. Just pure coincidence. Nothing to see. Move along. 🙄
This eyebrow-raising overlap has prompted Democrats, like Senators Elizabeth Warren and Adam Schiff, to call for investigations into possible foreign influence and misuse of presidential power. But, of course, White House Press Secretary Karoline Leavitt insists the pardon was made after a “thorough review” of Zhao’s case. Just a “routine” review of someone Trump claims he doesn’t know. Got it. 🤨
Community Outrage and Confusion 🤯
Following the interview, political analysts and crypto commentators hit the internet like a digital stampede. They couldn’t contain their confusion, pointing out the glaring contradiction in Trump’s words. How can you pardon someone you “don’t know,” especially when they’re allegedly involved in a business connected to your own family? A mystery for the ages, folks. 🔍
Critics went wild, calling the situation “layers of lies and chaos.” Others (who are clearly far more diplomatic than I am) suggested that this was just another prime example of the messy intersection between crypto, politics, and power. You know, just the usual. 🙃
Read More
- BTC PREDICTION. BTC cryptocurrency
- XRP PREDICTION. XRP cryptocurrency
- FLR PREDICTION. FLR cryptocurrency
- PENGU PREDICTION. PENGU cryptocurrency
- NEXO PREDICTION. NEXO cryptocurrency
- GBP CAD PREDICTION
- Brent Oil Forecast
- LSETH PREDICTION. LSETH cryptocurrency
- Gold Rate Forecast
- USD KZT PREDICTION
2025-11-03 10:43