President Trump said Sunday he knows “nothing” about Binance founderdespite pardoning the convicted crypto billionaire._
Trump’s decision to pardon Zhao, who pleaded guilty in 2023 to failing to maintain an effective anti-money laundering regime, has drawn scrutiny in recent weeks given the Trump family’s business dealings with the crypto exchange.
“I don’t know who he is,” Trump told CBS News’s Norah O’Donnell in an interview for “60 Minutes” that aired Sunday. “I know he got a four-month sentence or something like that. And I heard it was a Biden witch hunt.”
“My sons are involved in crypto much more than me,” he added. “I know very little about it, other than one thing. It’s a huge industry. And if we’re not going to be the head of it, China, Japan, or someplace else is. So, I am behind it 100 percent.”