Trump’s Pardon Of Binance Founder Changpeng Zhao Came After Months Of Lobbying: Politico
US President Donald Trump’s pardon of former Binance CEO and the exchange’s founder Changpeng Zhao “CZ” reportedly came after an expensive lobbying campaign in Washington. According to a recent report by Politico, Zhao benefited from Binance and its legal team’s efforts over multiple months to win over key figures close to Trump. Binance Targeted People In Trump’s Orbit Towards the end of September last year, Binance hired a close associate of Donald Trump Jr. by the name of Ches McDowell. The exchange also hired McDowell’s North Caroline-based firm Checkmate Government Relations to lobby the White House and Treasury Department on “executive relief,” according to the report. Checkmate has been one of the highest-earning companies during Trump’s second term. In the past three months, the firm has seen $7.1 million in revenue, the report said. Binance had paid Checkmate $450K for one month’s work. H...