WSJ: The Trump era has spawned a "pardon trade" industry, and CZ is one of the beneficiaries.
TL;DR
Lobbyists report a $1 million market for presidential pardons under Trump, with CZ benefiting from an informal process. Trump Jr. denied involvement, but a pardon was signed, sparking controversy in Washington.
Tags
According to Odaily Odaily, lobbyists close to Trump say the market price for lobbying for a presidential pardon is $1 million, and CZ is one of the beneficiaries of the informal presidential pardon path during Trump's second term. It is understood that some wealthy lobbyists or those with political connections can bypass the traditional pardon process through this route. Lobbyist Ches McDowell stated that Donald Trump Jr. did not help him seek a pardon for CZ, but a week later Trump officially signed the pardon order, causing a huge uproar in Washington. CZ's lawyer, Teresa Goody Guillén, stated that the pardon was unrelated to any business decision and was entirely based on impartiality. A Binance representative stated that the company's involvement in World Liberty Financial's related products was "limited," confined to "contractual terms that also apply to other projects." (WSJ)