Trump said he did not know CZ and defended his apology.

Trump Claims He Does Not Know Binance Founder

Former President Donald Trump stated in an interview with CBS News that he does not know Binance founder Changpeng 'CZ' Zhao. Despite these statements, Trump also mentioned that he granted Zhao a pardon.

Highlighted Competition in Cryptocurrency

Trump argued that the pardon was necessary for America to remain competitive in the cryptocurrency market. He dismissed allegations of conflict of interest.

Critics Must Be Extra Cautious

In contrast, critics like Elizabeth Warren suggested that this pardoning process revealed a "pay for play" scandal regarding Trump's connections with financial ventures.