About
WLFI
Ended--
Last price (USDT)
1.46M
24h total (USDT)
6.67M
Total vol (USDT)
2025-08-23 14:00:00 ~ 2025-09-01 12:30:00
Trading time (UTC+0)
2025-09-01 14:00:00 ~ 2025-09-01 18:00:00
Delivery time (UTC+0)
Total supply100.00B
Resources
Introduction
World Liberty Financial, Inc. is inspired by Donald J. Trump’s vision to pioneer a new era of Decentralized Finance (DeFi), with a mission to democratize financial opportunities and strengthen the US Dollar’s global status through US dollar-based stablecoins and DeFi applications.
Will World Liberty Financial’s Airdrop of 8.4M WLFI Tokens Impact Price Surge?
Key Points The WLFI token distribution will occur across six exchanges, and the company has plans to expand its points program. World Liberty Financial, a well-known cryptocurrency initiative linked to the Trump family, has unveiled plans to distribute tokens valued at $1.2 billion. The first to benefit from the upcoming WLFI token giveaway will be the initial participants in the USD1 stablecoin project. WLFI Token Distribution Across Six Exchanges World Liberty Financial has indicated that the initial WLFI token distribution will be carried out on six exchanges. These include Gate.io, KuCoin, LBank, HTX Global, Flipster, and MEXC. The imminent airdrop will reward individuals who took part in the USD1 Points Program, which was launched two months ago. The goal of this program is to encourage the adoption of World Liberty’s USD1 stablecoin, which is pegged to the US dollar. The company has also made plans for debit cards that support USD1 stablecoin transactions. Points were earned by participants by trading USD1 pairs on partner exchanges and keeping token balances. World Liberty announced its intention to expand its points program during the latest announcement. New partner platforms, DeFi integrations, and additional ways for users to earn and redeem rewards will be introduced. Last month, the company also announced a WLFI buyback and burn plan. World Liberty Financial’s USD 1 stablecoin is currently the sixth-largest stablecoin worldwide, with a market capitalization of $2.94 billion. Will the WLFI Token Rally Come to a Halt? The WLFI token has already seen a significant increase, rising 20% over the past week and is currently on the verge of a breakout past $0.15. The daily trading volumes have also risen by 27% to $266 million, indicating strong bullish momentum. Crypto analyst Marzell noted that the WLFI token is showing signs of strong accumulation after a long correction phase. According to Marzell, $0.14-$0.15 serves as a key support zone and strong demand area, while $0.19 remains the critical resistance and breakout level. The analyst maintained a bullish bias as long as WLFI holds above $0.15, setting a target above $0.19 for the next potential move. Marzell added that sellers appear to be losing momentum, while buyers are reloading positions. According to him, a confirmed breakout above $0.19 could signal the start of the next upward leg.
World Liberty Financial Rewards Early Adopters as WLFI Coins Soar
Summarize the content using AI ChatGPT Grok World Liberty Financial, a project connected to Donald Trump, has announced the distribution of 8.4 million WLFI coins to reward early participants in its USD1 loyalty program. Launched only two months ago, the USD1 Points Program quickly exceeded a transaction volume of $500 million, positioning USD1 as the sixth-largest stablecoin by market capitalization. WLFI Coin Distribution on Six Exchanges In a recent announcement on their X account, World Liberty Financial detailed that the first coin distribution will target early users trading in USD1 pairs or maintaining a specified balance. The distribution will occur across six cryptocurrency exchanges: Gate.io, KuCoin, LBank, HTX Global, Flipster, and MEXC. The specifics of which users will receive the AirDrop, and the timing of these distributions, will be individually determined by each exchange. With this move, World Liberty Financial aims to broaden its loyalty ecosystem and expedite the adoption of the USD1 stablecoin. The company emphasized that the WLFI coin would serve not only as a reward token but also as a governance tool, enhancing community participation. USD1 Quickly Ascends to Fifth Largest Stablecoin The USD1 Points Program generated remarkable momentum in the crypto market , amassing a transaction volume of half a billion dollars in just two months. Participants accrued points by buying or trading USD1 coins across partner exchanges. These activities elevated the circulating supply of the stablecoin and laid the groundwork for the WLFI coin distribution. World Liberty Financial plans to introduce more use cases for USD1 in the forthcoming phases of the loyalty campaign. The company announced intentions to strengthen the coin ecosystem through DeFi integrations, new trading pairs, and additional reward opportunities. According to CoinMarketCap data, USD1 now ranks fifth in the stablecoin segment by market value. Tether’s USDT leads the list, followed by Circle’s USDC, Ethena’s USDe, and Dai.
Trump-Linked World Liberty Financial to Airdrop $1.2M in WLFI Tokens to Early Stablecoin Users
Quick Breakdown World Liberty Financial to distribute 8.4M WLFI tokens worth $1.2M to USD1 loyalty participants. The airdrop spans six exchanges including KuCoin, MEXC, and Gate.io. Trump’s crypto ventures have reportedly generated over $1B in profits this year. WLFI airdrop targets early USD1 users World Liberty Financial (WLFI), a cryptocurrency venture associated with U.S. President Donald Trump, has announced an airdrop of 8.4 million WLFI tokens—valued at roughly $1.2 million—to early users of its USD1 stablecoin loyalty program. Two months ago, World Liberty launched the USD1 Points Program to Select Exchanges. The Loyalty platform put power in the hands of early users, who helped drive $500m of growth in the last two months through activities such as purchasing and using USD1 on partner exchanges.… — WLFI (@worldlibertyfi) October 29, 2025 The distribution will reward participants in the USD1 Points Program, which launched two months ago to promote adoption of the platform’s U.S. dollar–backed stablecoin. Users earned points by trading USD1 pairs on partner exchanges and maintaining eligible balances. “The criteria and eligibility for earning points and rewards and distribution details may vary based on each exchange’s rules,” the company said. Airdrop to roll out across six exchanges The first WLFI token distribution will occur across six partner exchanges—Gate.io, KuCoin, LBank, HTX Global, Flipster, and MEXC. Each platform will independently determine reward amounts and eligibility. World Liberty noted that the points program will soon expand to include decentralized finance integrations and new earning options, describing the initiative as “only the beginning. Issued by World Liberty Financial and custodied by BitGo, USD1 has grown into the world’s sixth-largest stablecoin with a market capitalization of $2.94 billion, according to CoinMarketCap. Trump’s crypto empire surges The WLFI token trades at $0.14, down 0.5% in the past 24 hours and nearly 70% below its September all-time high of $0.46. Despite market fluctuations, Trump’s cryptocurrency ventures have significantly boosted his wealth. According to a recent Financial Times investigation, Trump’s digital asset portfolio has generated over $1 billion in pre-tax profits within the past year, with $550 million attributed to WLFI alone. Trump disclosed $57.4 million in income from World Liberty Financial in June, though his family’s stake reportedly ballooned to $5 billion after a recent token unlock. Their branded tokens—Official Trump (TRUMP) and Official Melania Meme (MELANIA)—have also yielded $427 million combined, while USD1 profits have topped $42 million since April. Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
World Liberty Financial Unveils 8.4 Million WLFI Token Airdrop Amid Price Slump
World Liberty Financial, the decentralized finance (DeFi) venture backed by US President Donald Trump, announced that it will distribute about $1.2 million worth of WLFI tokens to early users of its USD1 points program. This airdrop arrives as WLFI faces a challenging market, with prices falling 24.6% since September and bearish sentiment prevailing among traders. WLFI Airdrop Targets Early Supporters of USD1 Program According to the official statement, six centralized exchanges (CEXs) will oversee the distribution of 8.4 million WLFI tokens to eligible users. Rewards will go to participants who earned points by trading with USD1 pairs and holding USD1 balances. The first phase of distribution will be carried out by Gate, KuCoin, LBank, HTX, Flipster, and MEXC. World Liberty Financial advised users to check announcements from their respective exchanges for details on reward allocation and distribution schedules. “The criteria and eligibility for earning points and rewards and distribution details may vary based on each exchange’s rules,” the team noted. World Liberty said the airdrop recognizes users who played a key role in expanding the adoption of USD1. According to CoinGecko, USD1 is ranked among the top 10 stablecoins by market capitalization. Thus, the initiative rewards community loyalty while encouraging continued use of USD1 across participating platforms. “Two months ago, World Liberty launched the USD1 Points Program to Select Exchanges. The Loyalty platform put power in the hands of early users, who helped drive $500m of growth in the last two months through activities such as purchasing and using USD1 on partner exchanges. Now, those users get rewarded,” the post read. The DeFi project emphasized that the latest reward distribution marks the beginning of a broader expansion plan for the WLFI and USD1 ecosystem. World Liberty added that, “The WLFI points program will continue expanding alongside new USD1 initiatives, with more venues and ways to earn points, new trading pairs and ways to use USD1, upcoming DeFi integrations, and broader reward opportunities for driving use and adoption.” Meanwhile, as the community prepares for the much-anticipated WLFI airdrop, the token itself is showing a modest recovery. According to BeInCrypto Markets data, WLFI has seen a 3.86% increase over the past 24 hours. At press time, the altcoin was trading at $0.151. WLFI Token Price Performance. Source: BeInCrypto Markets However, the recent uptick remains minor compared to the WLFI’s broader downtrend. Despite debuting on major exchanges, the token has faced market challenges. Since launching, WLFI has lost approximately 24.6% of its value. Sentiment indicators reflect this lingering pessimism — data from CoinGecko shows that around 60% of traders remain bearish on the token. While the upcoming airdrop has reignited community excitement, it could also be a double-edged sword for WLFI’s short-term performance. Airdrops often trigger short-term selling as recipients cash in their free tokens. Moreover, it increases the circulating supply, which, without a matching rise in demand, can lead to further price drops. The timing, amid a market downturn, increases uncertainty. Whether this distribution pushes WLFI lower or renews interest depends on broader trends and recipient behavior in the weeks ahead.
US Lawmaker Seeks to Ban Trump and His Family From Trading Crypto or Stocks
Summarize this article with: ChatGPT Perplexity Grok A Democratic legislator launches heavy artillery against the American president’s crypto activities. Ro Khanna proposes to purely and simply ban Donald Trump, his family and all elected officials from trading cryptos and stocks. An initiative that rekindles the debate on conflicts of interest at the top of the American state. Read us on Google News In brief Democratic Representative Ro Khanna is drafting a bill to ban U.S. lawmakers from trading stocks and cryptocurrencies. Trump is targeted for his alleged ties to World Liberty Financial, his son’s crypto project that reportedly generated millions of dollars. The pardon granted to Binance founder Changpeng Zhao has fueled accusations of “blatant corruption.” This proposal aligns with Senator Adam Schiff’s COIN Act, which specifically seeks to prevent the Trump family from “financially exploiting” cryptocurrencies. Congress wants to cut Trump off from his activities in the crypto sector Ro Khanna, Democratic representative from California and vice president of the Congressional Progressive Caucus, launched a frontal attack against Donald Trump during an appearance on MSNBC. The legislator denounces what he considers “blatant corruption”: the presidential pardon granted to Changpeng Zhao, co-founder of Binance. “You’ve got a foreign billionaire who was basically engaged in money-laundering“, hammered the California representative. For him, the timing is no coincidence. CZ had pleaded guilty in 2023 to violating US banking law, having failed to implement an effective anti-money laundering program at Binance. Then Binance financially supported WLFI. And finally, Trump pardoned him . The causal link seems clear to Khanna. He claims that CZ now finances the stablecoin of the president’s son’s company, which generates “millions of dollars under Donald Trump’s presidency.” This accusation echoes concerns expressed by Representative Maxine Waters. However, Eric Trump has always categorically denied any involvement of his father in the project, recalling last September that the president “runs a nation” and has “no connection” with their business activities. For his part, Ro Khanna concluded his intervention with an unequivocal call : banning any elected official from holding cryptos or accepting foreign money. A position that is part of a broader offensive led by Democrats to regulate the financial influence of political leaders. Along the same lines, Senator Adam Schiff has gone further with the COIN Act, a much stricter bill that would ban presidents, vice presidents, and their close relatives from issuing, owning, or supporting cryptos during their entire term—and up to two years after leaving office. When the guardian of the temple has his hands in the cookie jar himself The irony of this anti-trading crusade is not without spice. Because while Khanna denounces Trump’s alleged conflicts of interest, his own stock market activities raise embarrassing questions. The Quiver Quant data reveals that the representative made $80.3 million worth of stock trades in 2025 alone. Since his election in 2017, Khanna has conducted over 35,000 transactions for a volume exceeding $580 million. His preferred sectors? Finance, information technology, and health. Areas over which, as a legislator, he could potentially exert influence. This potential hypocrisy significantly weakens the impact of his message. The bipartisan stock trading bill, currently under discussion in Congress, illustrates the complexity of the debate. Should government representatives be allowed to invest in financial markets? The question has long divided opinions, but cryptos add an explosive dimension to this old ethical dilemma. According to government documents, Khanna’s proposal has not yet been officially filed. And chances of its adoption remain slim given the Republican majority in both chambers. However, this Democratic offensive marks a turning point in the political war surrounding the Trump presidency’s crypto activities .
Ondo Finance Expands $1.8B Tokenization Market to BNB Chain
Key Notes The expansion targets millions of users in Asia and Latin America with faster, cheaper access to tokenized American securities. Ondo's total tokenized assets have climbed to $1.83 billion, dominated by U.S. Treasuries at over 80% of holdings. Strategic partnerships include World Liberty Financial collaboration and acquisitions of broker Oasis Pro and developer Strangelove in 2025. Ondo Finance has expanded its Ondo Global Markets platform to BNB Chain, enabling non-US investors to access tokenized US equities around the clock using blockchain-based settlement and custody. The move follows the project’s strong debut on Ethereum in September, where it quickly amassed $350 million in total value and processed over $669 million in on-chain trading volume. Launched as a bridge between traditional markets and decentralized finance, Ondo Global Markets currently offers over 100 tokenized US stocks and ETFs directly on-chain. “BNB Chain is home to one of the largest and most engaged global user bases in Web3. Expanding Ondo Global Markets to BNB Chain allows us to bring tokenized US stocks and ETFs to millions of users across Asia, Latin America, and other geographies in an environment that is fast, cost-efficient, and highly interoperable,” said Nathan Allman, CEO of Ondo Finance. Ondo finance price declines 1.74% to $0.74 on Wednesday, Oct. 29 | Source: Coinmarketcap The ONDO token ONDO $0.75 24h volatility: 3.6% Market cap: $2.36 B Vol. 24h: $123.84 M , which serves as the governance and utility token for the ecosystem, trades at $0.74, down 1.7% intraday, pinned down by broader market caution ahead of the US Federal Reserve’s rate decision on Wednesday. Ondo Finance Strengthens RWA Ecosystem With Institutional Partnerships Ondo finance collaboration with BNB Chain follows a string of major institutional partnerships and acquisitions in 2025. Earlier this year, Ondo partnered with Trump-backed World Liberty Financial (WLFI) to advance the adoption of tokenized RWAs, exploring the use of Ondo’s tokenized assets as treasury reserves within the WLFI network. In July, Ondo also acquired the US-regulated broker Oasis Pro and blockchain developer Strangelove, respectively, to boost compliance and infrastructure capabilities. Ondo Finance Total tokenized asset hits $1.83 billion, Oct. 29, 2025 | RWA.XYZ According to RWA.xyz , Ondo Finance’s total tokenized assets have now reached $1.83 billion, up 4% in the last 30 days. US Treasuries dominate the portfolio with 80.78%, followed by public equities (17.44%) and stablecoins (1.78%). With a $2.3 billion market capitalization, Ondo’s network value remains closely tied to its rapidly growing tokenization ecosystem. The BNB Chain integration is expected to further enhance liquidity and visibility.
Trump-Linked World Liberty Financial Drops $1.2M WLFI Airdrop for Early USD1 Users
World Liberty Financial announced a WLFI airdrop of 8.4 million WLFI worth about $1.2 million. The plan targets users who joined the USD1 stablecoin points program. The company framed the move as a reward for early activity. The USD1 points program began two months ago to drive USD1 stablecoin adoption. Participants earned points by trading USD1 pairs and by keeping balances on partner venues. The WLFI airdrop converts those points into WLFI allocations. Rules differ by platform. World Liberty said, “The criteria and eligibility for earning points and rewards and distribution details may vary based on each exchange’s rules.” WLFI USD1 Points Program Reward. Source: WLFI X Therefore, users must follow exchange posts for snapshots and timing. World Liberty Financial: how the USD1 points program works The World Liberty Financial points program tracks USD1 usage across venues. Users accrue points with trades, balance thresholds, and campaign tasks. Then, the WLFI airdrop allocates tokens based on each venue’s criteria. Additionally, World Liberty Financial said the program will expand. It plans more venues, DeFi integrations, and added ways to earn and redeem points. The team described this phase as a starting point for broader USD1 activity. As a result, USD1 stablecoin participation extends beyond centralized exchanges. DeFi hooks can route USD1 liquidity on-chain. New partners can add order flow and reward paths for the next WLFI airdrop rounds. WLFI distribution on Gate.io, KuCoin, LBank, HTX Global, Flipster, MEXC The initial WLFI distribution goes live on six exchanges: Gate.io, KuCoin, LBank, HTX Global, Flipster, and MEXC. Each exchange will publish eligibility, snapshots, and delivery windows for the WLFI airdrop. Moreover, the airdrop focuses on early USD1 users. Venues can set caps, tiers, and verification steps. Users should watch exchange notices for any USD1 balance requirements or trade minimums. In parallel, WLFI liquidity sits across multiple pairs. Post-distribution trading can reflect new supply and user allocations. Exchange rule sets will shape the pace of the WLFI airdrop settlement. USD1 stablecoin by World Liberty Financial: BitGo custody and $2.94B market cap USD1, issued by World Liberty Financial and custodied by BitGo, ranks sixth-largest among stablecoins. CoinMarketCap shows a $2.94 billion market cap for USD1. The dataset reflects circulating supply across listed venues. Custody with BitGo covers reserve handling and wallet security. The setup aligns with established stablecoin operations. Therefore, settlement and storage processes follow recognizable controls. Because USD1 trades on many exchanges, program metrics are visible through volumes and balances. The WLFI airdrop aims to keep that activity consistent. Partner venues will share any USD1 thresholds tied to rewards. MGX settlement with USD1: $2B Binance investment flow Earlier this year, Eric Trump said Abu Dhabi firm MGX would settle a $2 billion investment in Binance using USD1. The statement positioned USD1 as a settlement asset for large transactions. It also highlighted cross-border finance use cases. The MGX settlement reference linked stablecoin rails with exchange investment flows. USD1 aims to provide peg stability during transfer. Timing and counterparties appeared in public updates from the Trump camp. Consequently, USD1 sits in both trading and settlement narratives. The WLFI airdrop now adds a user-reward layer. Venues involved in the USD1 ecosystem may publish related milestones. kripto.NEWS 💥 The fastest crypto news aggregator 200+ crypto updates daily. Multilingual & instant. Visit Site WLFI price and history: $0.14 spot, 0.5% daily move, $0.46 ATH in September WLFI trades near $0.14, down 0.5% over 24 hours, according to CoinMarketCap. The token is down nearly 70% from its $0.46 all-time high in September. Volumes, spreads, and order depth vary by venue. After the WLFI airdrop, allocations reach early USD1 users on the six exchanges. Distribution calendars and any lockups depend on venue rules. Users can track pair activity as supply moves. Because WLFI lists across multiple platforms, price behavior reflects composite liquidity. Market makers and program mechanics affect short-term prints. Exchange dashboards show the latest WLFI quotes. Trump crypto earnings: $1B profit, $57.4M income, $5B stake after token unlock A Financial Times report estimated over $1 billion in pre-tax profits from the Trump family’s crypto ventures over the past year. In June, Donald Trump disclosed $57.4 million in income from World Liberty Financial. A recent token unlock reportedly lifted the family’s stake to $5 billion. The FT estimated about $550 million from WLFI alone this year. These figures place WLFI at the center of the earnings profile. The airdrop update arrives alongside that revenue backdrop. Branded tokens also added income. TRUMP traded around $7.72, while MELANIA sat near $0.13. Additionally, the USD1 stablecoin produced about $42 million in profit since April, according to the reporting. Tatevik Avetisyan Editor at Kriptoworld Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible. 📅 Published: October 29, 2025 • 🕓 Last updated: October 29, 2025
World Liberty Financial to Airdrop 8.4 Million WLFI Tokens, Will Price Rally Halt?
Key Notes World Liberty Financial will conduct the WLFI token airdrop across six exchanges, including Gate.io, KuCoin, LBank, HTX Global, Flipster, and MEXC. The initiative aims to boost adoption of the USD1 stablecoin, now the sixth-largest globally with a $2.94 billion market cap. WLFI token price has surged 20% over the past week, with analyst Marzell noting strong accumulation near $0.15 support, and the immediate target of $0.19. . World Liberty Financial, a popular crypto project linked to the Trump family, has announced plans to airdrop 8.4 million WLFI tokens valued at $1.2 billion. Early participants in the project’s USD1 stablecoin will be the first to receive the upcoming WLFI token distribution. World Liberty Financial to Distribute WLFI Token Through Six Exchanges World Liberty Financial added that the initial WLFI token distribution will take place across six exchanges. These include Gate.io, KuCoin, LBank, HTX Global, Flipster, and MEXC. The upcoming airdrop will reward users participating in the USD1 Points Program, launched two months ago. This program aims to drive adoption of World Liberty’s USD1 stablecoin, which is backed by the US dollar. The company has also planned for debit cards supporting USD1 stablecoin transactions . Participants earned points by trading USD1 pairs on partner exchanges and maintaining token balances. Two months ago, World Liberty launched the USD1 Points Program to Select Exchanges. The Loyalty platform put power in the hands of early users, who helped drive $500m of growth in the last two months through activities such as purchasing and using USD1 on partner exchanges.… — WLFI (@worldlibertyfi) October 29, 2025 During the latest announcement, World Liberty announced plans to expand its points program, introducing new partner platforms, DeFi integrations, and additional ways for users to earn and redeem rewards. Last month, the company also announced a WLFI buyback and burn plan . World Liberty Financial’s USD 1 stablecoin is currently the sixth-largest stablecoin globally, with a market capitalization of $2.94 billion. Will WLFI Token Rally Halt? The WLFI token has already seen a strong jump, surging 20% over the past week and is currently eyeing a breakout past $0.15. The daily trading volumes have also surged by 27% to $266 million, highlighting strong bullish momentum. Crypto analyst Marzell noted that the WLFI token is showing signs of strong accumulation after an extended correction phase. Related article: Binance.US to Launch Trump Family Token Trading Amid CZ Pardon Backlash According to Marzell, $0.14-$0.15 serves as a key support zone and strong demand area, while $0.19 remains the critical resistance and breakout level. $WLFI is consolidating around $0.15, showing signs of strong accumulation after weeks of correction. 📊 Key Levels — Support: $0.14–$0.15 (value area low, strong demand zone) — Resistance: $0.19 (point of control & breakout level) — Bias: Bullish as long as $0.15 holds. —… pic.twitter.com/LtsihcFxqy — Marzell (@MarzellCrypto) October 28, 2025 The analyst maintained a bullish bias as long as WLFI holds above $0.15, setting a target above $0.19 for the next potential move. Marzell added that sellers appear to be losing momentum, while buyers are reloading positions. According to him, a confirmed breakout above $0.19 could signal the start of the next upward leg. next
From Prison to Presidential Pardon: Zhao Changpeng Set to Embark on a "Political Career"
What is the significance of CZ receiving a pardon from Trump? Written by: Gyroscope Finance Last week, a piece of news caused a sensation in the industry. On October 22, President Trump suddenly signed a pardon order for CZ at the White House, which was disclosed to the public the following day. White House Press Secretary Caroline Levitt issued a statement saying: "The President has exercised his constitutional power to pardon Mr. CZ, who was prosecuted during the Biden administration's war on cryptocurrency. The Biden administration's war on cryptocurrency is over." Although there had been rumors as early as March this year that CZ was applying for a pardon, now that the news has settled, it has still sparked a strong reaction in the market. With the pardon of arguably the most influential Chinese figure in the crypto space, BNB surged in response, and BTC and ETH also saw rare simultaneous increases. The narrative of Binance returning to the US has resurfaced. From paying a huge fine and being imprisoned to now being pardoned and becoming a guest of presidents from multiple countries, CZ's tortuous experience has added another legendary story to the crypto world. Rewinding to November 2023, Binance reached a settlement with the US Department of Justice (DOJ), Commodity Futures Trading Commission (CFTC), Office of Foreign Assets Control (OFAC), and Financial Crimes Enforcement Network (FinCEN) regarding investigations into Binance's historical registration, compliance, and sanctions issues. CZ ultimately admitted to violating the Bank Secrecy Act, the International Emergency Economic Powers Act, and the Commodity Exchange Act by conducting unlicensed money transfer business, conspiracy charges, and prohibited transactions. He paid a sky-high fine of $4.368 billion as the price for his freedom, setting the largest fine in FinCEN's history. At the time, the prevailing market view was that CZ, as the Chinese head of the world's largest exchange, was subjected to political persecution. There was indeed evidence of persecution: CZ's initial expected sentence was 18 months, which the DOJ later sought to extend to 3 years. However, after pleading guilty and amid a turbulent public opinion, in April 2024, the federal court in Seattle sentenced CZ to 4 months in prison. According to CZ's recollection, on the day he was imprisoned, he experienced a humiliating strip search, and his first cellmate was even a double murderer. He described this period of incarceration as "the most difficult time of my life." In September 2024, CZ was released after serving his sentence. Clearly, this prison experience brought CZ much more than just pain; more profoundly, it made him realize that while crypto is borderless, the law is not. Even the crypto industry must learn to survive in the cracks of politics. At the same time, as the leader of the largest crypto trading platform, CZ's Chinese identity is quite delicate for the US, carrying both political implications and the indelible mark of being "not one of us," even though, from a nationality perspective, CZ is a thorough Canadian. Against this backdrop, finding a powerful "tree for shade" becomes especially important. Perhaps for this reason, after his release in September, CZ frequently traveled to the UAE and Hong Kong, uncharacteristically meeting with various regulators and beginning to rebuild his political identity from scratch. After the November election, with Trump's rise to power, the crypto industry entered a new era, and both Binance and CZ seemed to find new opportunities. In March 2025, Binance officially announced it had received a $2 billion investment from Abu Dhabi's sovereign fund MGX, acquiring a 5% stake. Given Binance's annual revenue exceeding $10 billion, this can only be described as "making friends." More subtly, the settlement amount for this $2 billion deal was USD1, which happens to be the stablecoin launched by the Trump family project WLFI. Shortly after, CZ posted a photo with WLFI co-founder Zach Witkoff on social media, and two weeks later, USD1 was officially launched on BNB Chain, receiving widespread promotion on Binance's chain. In April, CZ formally submitted a presidential pardon application to the Trump administration. The turning point came in September, when CZ changed his X account bio from "ex-@binance" to "@binance," fueling market speculation about his return. Capital was the first to sense the change: on October 22, US-compliant trading platforms Coinbase and Robinhood successively opened BNB trading. Mainstream finance no longer shied away from Binance, and BNB successfully entered the US financial market. Finally, on October 23 this year, Trump signed an executive pardon order, overturning CZ's criminal conviction. To briefly introduce the concept of a pardon: at the 1787 US Constitutional Convention, the president was granted the power to pardon or commute sentences in specific cases. Pardoned individuals no longer bear a federal criminal record, and penalties may be terminated or lifted. This power is confirmed in Article II, Section 2 of the US Constitution: except in cases of impeachment, the president can grant reprieves and pardons for offenses against federal law. In theory, the scope of the presidential pardon is very broad—except for those impeached by Congress, anyone violating federal law can be pardoned. To date, Trump has signed over 40 pardons involving about 237 people, with CZ being one of them. In terms of practical effect, since CZ had already served his sentence and paid his fine, the pardon does not reduce any actual penalty, nor does it mean he can recover the fines previously paid. Thus, the symbolic significance of the pardon far outweighs its practical impact. Through the pardon, CZ's criminal record can be erased, restoring his clean reputation and enabling him to climb higher on the political and resource stage. In a September interview with Caixin this year, CZ also mentioned he would devote more energy to the venture capital firm YZi Labs and had already been invited to serve as an official crypto industry advisor to several governments. A clean record will obviously help his potential political career go further. Just three days ago, CZ and Kyrgyzstan President Sadyr Japarov jointly attended the second on-site meeting of the National Blockchain and Crypto Committee. On the other hand, the previous ruling stipulated that CZ could not participate in Binance's management or decision-making for three years after his release, and during this period, Binance must be supervised by an independent compliance officer who reports directly to the US Department of Justice. In other words, every move Binance makes is under the DOJ's watchful eye. Although compliance supervision cannot be pardoned, the restriction on direct management participation may be lifted, and CZ may return to helm Binance. In fact, given the current controversies surrounding Binance, the market's attitude toward current CEO Richard Teng is hardly friendly. Furthermore, Binance may return to the US, opening the door to two-way liquidity, which would have a huge impact on the current landscape of US crypto exchanges. For the industry, the return of the "boss" is undoubtedly a positive sign, not only reaffirming Trump's supportive stance toward the crypto industry but also boosting confidence in the sector. After the news broke, BNB surged 7%, returning above $1,100, and also drove mainstream coins higher—bitcoin returned to $110,000, and ethereum shot up to $4,000. The chain reaction quickly spread: first, MEME coins on Binance saw collective short-term gains, with Binance Life, which had performed well during the National Day holiday, rising from $0.23 to $0.28, an increase of over 20%. Second, listed companies holding BNB as treasury assets benefited, with BNB Network Company and Nano Labs both seeing gains. Even Trump's WLFI benefited significantly, successfully reaching $0.14, and WLFI treasury-listed company ALT5 Sigma24 rose over 13% in 24 hours. Of course, nothing can make everyone happy, and Trump's opponents are particularly dissatisfied with this. Reviewing the entire timeline—from frequent meetings with the UAE to Abu Dhabi's investment, from photos with WLFI co-founders to stablecoin support, from applying for a pardon to successfully receiving it—it's clear there is a subtle thread linking CZ to the political sphere. Simply put, it was by boarding Trump's "big ship" that CZ was able to regain his clean status. Interestingly, Trump responded to the reason for the pardon by saying, "I don't know him, but many people say he is innocent and was persecuted by the Biden administration." Whether this was a public pretense for risk avoidance is unclear. Even if true, it only shows that CZ is very close to people around the president, rather than Trump himself being "completely unfamiliar" with him. Coincidentally, right after the pardon, Trump stated in a White House speech that due to a military pay gap caused by a government shutdown by the Democrats, a "friend who wishes to remain anonymous and is a great person" generously sent a $130 million check to help. This led to rumors in the market that this friend might be CZ, with some believing that it was political donations that enabled CZ to receive the pardon. Whether the military pay story is true is hard to tell, but lobbying has long been a Wall Street tradition. According to a report by well-known political media Politico, based on disclosures from lobbying firm Checkmate Government Relations, Binance hired Ches McDowell, a friend of Donald Trump Jr., at the end of September to lobby the White House and Treasury Department on financial policy and "administrative relief" issues, paying $450,000 per month. Crypto lawyer Teresa Goody Guillén also disclosed that she received a total of $290,000 in lobbying fees from Binance and CZ this year. In fact, given Trump's businessman nature, it's easy to understand that CZ's pardon must have involved a great deal of money and resource bargaining. On this point, political opponents quickly launched attacks on Trump, accusing him of disregarding laws and regulations and treating pardons as a naked exchange of interests. According to AXIOS, Senate Democrats are taking action to formally condemn Trump's decision to pardon CZ. Some Senate Republicans have also criticized the pardon, while Democrats are trying to use this to foster rare bipartisan cooperation in expressing opposition to the White House's decision. The Democrats' attacks on Trump are nothing new, and it's unlikely this will have any real impact. Returning to the main topic, CZ's compliance journey, though temporarily concluded, is far from over. Although he has received preferential treatment from the current administration, taking sides also carries huge risks. The complex political life of an overseas Chinese entrepreneur is just beginning, which is why they must "play both sides and dance with long sleeves." After his release, CZ quickly expressed his gratitude to Trump, stating that he would "do his utmost to help the US become the capital of cryptocurrency and promote the development of Web3 globally." The focus of his remarks is the US, which means CZ himself is well aware that, regardless of how he returns, the greatest beneficiary must and will be the US.
World Liberty Fi burned 175 million WLFI early this morning, worth $26.72 million.
According to Jinse Finance, analyst Emmett Gallic reported that the Trump family crypto project World Liberty Fi burned 175 million WLFI tokens early this morning, worth $26.72 million.
World Liberty Financial to distribute 8.4 million WLFI for early USD1 adopters
World Liberty Financial announced that it will distribute 8.4 million WLFI governance tokens to reward early users who participated in its USD1 stablecoin points program. The USD1 Points Program launched two months ago as a loyalty platform to promote World Liberty's stablecoin project, where users can earn points by trading USD1 pairs on partner exchanges and maintaining USD1 balances. The initial WLFI distribution will take place on six exchanges — Gate.io, KuCoin, LBank Exchange, HTX Global, Flipster and MEXC — with timing details to be provided in each platform's announcements. Eligibility criteria and reward allocations are determined by individual exchanges and may vary, World Liberty noted. "The WLFI points program will continue expanding alongside new USD1 initiatives, with more venues and ways to earn points, new trading pairs and ways to use USD1, upcoming DeFi integrations, and broader reward opportunities for driving use and adoption," World Liberty wrote in an X post. The Trump-backed crypto project recently announced that it is "actively working on" real-world asset tokenization to potentially pair with USD1 stablecoin. It is also expected to launch its own debit card in the fourth quarter of this year or the first quarter of 2026, CEO Zack Witkoff said during the Token2049 conference in Singapore earlier this month. USD1, a U.S. dollar-pegged stablecoin issued by World Liberty Financial and custodied by BitGo, is currently the sixth-largest stablecoin in the world with a market capitalization of $2.98 billion. WLFI is trading down 5.25% in the past 24 hours at $0.14, with a market cap of $3.8 billion, according to The Block's price data .
WLFI advisor Ogle purchased 4.87 million VALOR tokens for $10,000
According to Jinse Finance, Lookonchain monitoring shows that WLFI advisor Ogle purchased 4.87 million VALOR with $10,000 and added them to the Meteora (VALOR-USD1) liquidity pool.
WLFI minted an additional 300 millions USD1 in the early hours today.
According to Jinse Finance, Lookonchain monitoring shows that WorldLibertyFinancial minted an additional 300 millions USD1 tokens 13 hours ago.
3 Altcoins Crypto Whales Are Buying After Cooler US CPI Print
Crypto whales are ramping up the accumulation of several altcoins after the US September CPI data, released on October 24. It came in cooler than expected at 3.0% versus a 3.1% forecast. The softer inflation print has lifted rate-cut expectations and renewed confidence in risk assets. As markets price in a potential dovish shift from the Fed, whales are quietly rotating into three altcoins they expect to lead the next rally. Or at least a rebound. Pepe (PEPE) As markets lean toward a dovish Fed stance, whales appear to be rotating capital into select altcoins that could gain from easier liquidity — and Pepe (PEPE) is one of them. The token is up over 6%, week-on-week. Over the past 24 hours, Pepe whales increased their holdings from 155.75 trillion to 156.13 trillion tokens. This means adding about 0.38 trillion PEPE, worth roughly $2.7 million at the current PEPE price. This quiet accumulation suggests that crypto whales are positioning early. More so as the probability of an October rate cut climbs above 98%, fueling expectations of broader market relief. PEPE Whales: Santiment Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. On the 4-hour chart, the PEPE price has been consolidating inside a symmetrical triangle since October 13. It is a structure known to precede sharp breakouts. A clean move above $0.0000072 could trigger a 12% rally toward $0.0000079. And that would put Pepe among the altcoins crypto whales are buying with technical conviction. Another signal supporting this view is a possible golden crossover between the 20-period EMA (red line) and the 50-period EMA (orange line). The EMA, or exponential moving average, tracks recent price direction by giving more weight to recent candles. When the short-term EMA crosses above the longer one, it shows momentum shifting toward buyers. It is something altcoin whales often look for when confirming trend reversals. PEPE Price Analysis: TradingView Still, PEPE remains a volatile trade. A drop below $0.0000069 could expose $0.0000064. But as long as whales are adding and price stays within the tightening pattern, Pepe remains one of the coins whales are buying into strength rather than fear. PancakeSwap (CAKE) After PEPE, another token catching the attention of crypto whales is PancakeSwap (CAKE). It is a DeFi asset often favored during improving market sentiment. Whales appear to have shifted positions shortly after the CPI-driven rebound in risk appetite, raising their holdings from 44.87 million CAKE on October 24 to 55.05 million, a net gain of over 10.18 million CAKE. At the current price of $2.69, that adds up to roughly $27.3 million in new accumulation, suggesting growing conviction that the market’s softer tone may fuel further upside. CAKE Whales: Santiment On the technical side, CAKE’s structure reinforces this optimism. Between October 10 and 24, the token formed a higher low even as the Relative Strength Index (RSI) — which measures buying versus selling strength — made a lower low. This hidden bullish divergence often signals trend continuation, meaning the broader uptrend CAKE has maintained over the past year (up more than 50%) could still be intact. Currently trading near $2.69, CAKE faces stiff resistance at $2.72, a level that has capped every rally attempt since October 22. If buyers can close a candle above that threshold, momentum could extend toward $3.45, the next major resistance zone on the daily chart. CAKE Price Analysis: TradingView The RSI trend backs this view, with readings curling upward as buying strength rebuilds. However, if the token fails to stay above $2.27, the bullish setup weakens. Whale impatience or broader altcoin market pressure could then send CAKE sliding toward $1.54. That is a strong support area, last tested during the Black Friday crash. For now, though, the combination of rising whale holdings, steady on-chain conviction, and technical stability keeps PancakeSwap on the shortlist of altcoins crypto whales are buying during this post-CPI cooling period. World Liberty Financial (WLFI) The final name on whales’ radar appears to be World Liberty Financial (WLFI) — a politically charged token often tied to Trump-linked market themes. Whales have sharply increased exposure to WLFI, raising their holdings by 18.78% in the past 24 hours to a total of 12.13 million WLFI. At the current price of $0.13, that’s roughly $1.57 million worth of tokens added to wallets in a single day. WLFI Whales: Nansen The buying spree follows not only the cooler US CPI print but also the anticipation of a potential Trump–Xi Jinping meeting expected this week. That could further speculation around political and narrative-based altcoins. The timing of this accumulation suggests whales may be positioning for a sentiment rebound tied to these macro catalysts. On the 4-hour chart, WLFI even shows early technical signs of recovery. Between October 13 and 25, the price formed a lower low. The Relative Strength Index (RSI) — which measures the balance between buying and selling momentum — made a higher low. This bullish divergence signals that sellers may be losing strength, and buyers are starting to step in. Currently trading near $0.133, the WLFI price faces its first resistance at $0.14. A clean break above that could confirm momentum strength and send prices toward $0.15, implying a 15% near-term rally. However, WLFI remains volatile. If the price fails to hold the $0.13 support, a drop toward $0.11 remains likely. WLFI Price Analysis: TradingView For now, the combination of fresh whale buying, political event speculation, and an improving RSI trend makes WLFI one of the more intriguing altcoins crypto whales are buying after the CPI print — and potentially the most narrative-driven bet of the three.
Australia Leads in Global Crypto Curiosity Surge
Australia ranks highest in global crypto interest. 74.6% of traffic per 1B people relates to crypto tokens. The rise reflects growing mainstream interest in digital assets. Australia has taken the top spot globally in terms of crypto curiosity, showing just how rapidly the country is embracing the digital asset space. According to recent data, 74.6% of token-related web traffic per 1 billion people originates from Australia. This positions it ahead of other major economies and suggests a booming interest in crypto investment, education, and adoption. This surge in interest is not just limited to seasoned investors. A wide demographic—from students to retirees—is actively seeking information on blockchain technology, tokenomics, and decentralized finance . What’s Fueling Australia’s Crypto Interest? Several factors may be contributing to this high level of curiosity: Favorable regulations: Australia’s relatively clear legal framework around cryptocurrencies allows people to explore without fear of legal uncertainty. Growing financial education: Aussies are becoming more financially savvy and interested in diversifying their portfolios beyond traditional stocks and real estate. Media and influencer impact: Local media, influencers, and financial experts often discuss crypto trends, making the topic more mainstream. Moreover, with increasing global concerns over inflation and the traditional financial system, many Australians are turning to crypto as an alternative store of value or speculative opportunity. 🇦🇺 NEW: Australia tops global crypto curiosity with 74.6% per 1B people in token-related traffic. Is your country part of the list? pic.twitter.com/LqffnC39b0 — Cointelegraph (@Cointelegraph) October 24, 2025 What This Means for the Future of Crypto in Australia The fact that Australia is leading the pack suggests more than just curiosity—it points to a possible shift in how everyday Australians view and use money. This could lead to: Greater crypto adoption in retail and payments More startups and innovation in blockchain technology Increased pressure on local banks to integrate digital asset solutions As the interest continues to grow, Australia may become a key global hub for crypto development and investment. Read Also : RIVER Gains 5x Following Binance Perp Listing, Supported by Time-Encoded Airdrop Conversion Bitcoin Uptober Streak in Danger This Year 2025 Sees Record Surge in Old BTC Movement
Ethena Labs Ranks 4th in Daily Fee Generation
Ethena Labs ranks 4th in 24h fee generation. Reflects growing traction and user activity. Competes with major DeFi protocols. In a striking show of momentum, Ethena Labs has emerged as the 4th-highest fee-generating protocol over the last 24 hours. This is a notable achievement, especially considering the competitive DeFi ecosystem where protocols like Ethereum , Uniswap, and Lido dominate daily fee charts. Ethena Labs, known for its synthetic dollar ecosystem and yield-generating protocols, continues to attract strong on-chain activity. The high fee generation reflects active usage of its dApps and services—an important indicator of growth and protocol health in the crypto space. What Fee Generation Tells Us About Protocol Health Protocol fees are often viewed as a proxy for real user demand. Higher fees mean more transactions, more volume, and ultimately more utility. Ethena’s appearance in the top four signals strong adoption and increasing trust in its offerings. This performance puts Ethena in the same conversation as some of the most established platforms in crypto. For a relatively young protocol, that’s a big statement—and it could be a precursor to more ecosystem developments, token traction, or partnerships down the line. $ENA ( @ethena_labs ) ranks as the 4th-highest protocol by fees generated in the last 24 hours. pic.twitter.com/hClOoRdWhK — Satoshi Club (@esatoshiclub) October 24, 2025 Ethena’s Growing DeFi Footprint Ethena Labs has been steadily building a reputation in decentralized finance through innovative synthetic stablecoin models and on-chain hedging mechanisms. As more users interact with its ecosystem, its fee revenue is likely to continue climbing. If this pace holds, Ethena could soon become a mainstay in DeFi rankings—not just in terms of fees, but in total value locked (TVL) and user growth as well. Read Also : RIVER Gains 5x Following Binance Perp Listing, Supported by Time-Encoded Airdrop Conversion Bitcoin Uptober Streak in Danger This Year 2025 Sees Record Surge in Old BTC Movement
2025 Sees Record Surge in Old BTC Movement
BTC dormant for 7+ years is moving more than ever in 2025 Activity already surpassed 2024 totals with two months to go Signals potential market shifts or long-term holder action Bitcoin holders who have stayed quiet for over seven years are finally on the move. As of October 2025, the total movement of long-dormant BTC has already exceeded all activity recorded in 2024 — and the year isn’t over yet. This uptick in movement from wallets that haven’t transacted in over seven years is often seen as a key signal in the crypto world. These wallets typically belong to early adopters, long-term believers, or in some cases, lost or inaccessible wallets that suddenly become active. The rise in such movements could suggest a number of things: profit-taking, renewed confidence in the market , or even preparations for institutional selling or reinvestment. What This Could Mean for the Market The sudden reactivation of dormant Bitcoin could have a psychological impact on the market. On one hand, it might raise concerns of incoming sell pressure, especially if large holders decide to liquidate. On the other hand, it could simply indicate a reallocation of assets or even the revival of old wallets due to technological improvements or recovery of lost access. Analysts are watching this trend closely as it often coincides with major shifts in market behavior. Historical patterns show that when long-term holders start to move coins, it can precede significant price changes, either up or down. However, context is key — not every movement ends in a selloff. Long-Term Holders Re-enter the Scene 2025’s record-breaking year for old BTC movement may also reflect a maturing market. With institutional interest and improved custody solutions, many early Bitcoin adopters may finally feel confident moving their holdings again. Whatever the reason, the data is clear: dormant coins are stirring more than ever before. As Bitcoin continues to evolve, so too does the behavior of its earliest believers. Read Also : BlockDAG’s $430M+ & Upcoming Binance AMA Leads 2025’s Top Crypto Coins Conversation RIVER Gains 5x Following Binance Perp Listing, Supported by Time-Encoded Airdrop Conversion Top Crypto Gainers Today: WLFI Token Takes the Lead With 14.14% as Nexchain AI Crypto Eyes Major Gains with Testnet 2.0 Bonus Bitcoin Uptober Streak in Danger This Year 2025 Sees Record Surge in Old BTC Movement
Bitcoin Uptober Streak in Danger This Year
Bitcoin risks ending October in the red after 8 green years. Market sentiment now shifts focus to a hopeful “Moonvember.” Traders weigh macro pressures and ETF hopes going forward. October has historically been a bullish month for Bitcoin , earning the nickname “Uptober” for its consistent green closes over the past eight years. However, in a surprising shift this year, Bitcoin is struggling to maintain upward momentum and may close October in the red for the first time since 2017. So far, Bitcoin has failed to hold above key resistance levels despite strong spot ETF momentum earlier in the month. Macroeconomic pressures, including rising bond yields and regulatory uncertainty, appear to be stifling the crypto market ’s growth, leading to a more cautious investor sentiment. Can Moonvember Save the Trend? As Uptober wavers, traders and crypto enthusiasts are turning their attention to a hopeful “Moonvember.” Historically, November has also been favorable for Bitcoin, often bringing post-October rallies and new highs. With anticipation building around potential ETF approvals, lower inflation prints, and favorable Q4 trends, many believe November could reignite bullish momentum. But nothing is guaranteed. Analysts warn that if Uptober ends negatively, it could signal a break in long-standing seasonal trends, possibly shaking confidence in Bitcoin’s Q4 performance. ⚠️ ALERT: Bitcoin’s “Uptober” may turn red for the first time in 8 years. RT if you're rooting for a Moonvember. pic.twitter.com/GZzov7YyxO — Cointelegraph (@Cointelegraph) October 24, 2025 What to Watch Next Market watchers will be monitoring several catalysts going into November: U.S. economic data releases, potential updates on pending Bitcoin ETF applications, and overall investor risk appetite. Should positive news emerge, Moonvember could still live up to the hype. However, if negative momentum continues, Bitcoin may face a longer cooldown phase, delaying any significant upward moves until 2026 or beyond. Read Also : Bitcoin Uptober Streak in Danger This Year 2025 Sees Record Surge in Old BTC Movement
Top Crypto Gainers Today: WLFI Token Takes the Lead With 14.14% as Nexchain AI Crypto Presale Eyes Major Gains with Testnet 2.0 Bonus
Top Crypto Gainers Today: CoinMarketCap Data According to the available market data, it has been revealed that World Liberty Financial (WLFI) took a lead as it saw a 14.14% rise, reaching a price of $0.1431 with a trading volume of $357,189,338. Aster (ASTER) rose by 11.95%, trading at $1.09 and a volume of $760,666,843. Source: CoinMarketCap Hyperliquid (HYPE) gained 9.84%, with its price reaching $39.36 and a trading volume of $758,623,255. Pump.fun (PUMP) increased by 7.03%, bringing its price to $0.003826, while its 24-hour volume stood at $305,912,765. Ethena (ENA) saw a 6.20% growth, reaching $0.4584, with a trading volume of $373,685,318. Solana (SOL) rose by 6% to a price of $191.59, with a significant trading volume of $7,046,318,929. Monero (XMR) increased by 5.99%, trading at $323.65, and its 24-hour volume was $222,883,925. Artificial Superintelligence (FET) saw a 5.63% increase, with a price of $0.2493 and a trading volume of $141,706,382.
From the Courtroom to the White House: CZ’s Pardon Is Far More Than a Presidential Order
Once at the helm of the world’s largest cryptocurrency exchange, Binance founder Changpeng Zhao (CZ) admitted to violating the US Bank Secrecy Act at the end of 2023, receiving a four-month prison sentence for failing to establish an effective anti-money laundering program. After serving his sentence and being released in 2024, this Chinese billionaire experienced a dramatic turn of fate just a year later—a presidential pardon from Donald Trump restored his complete freedom. For many observers, this pardon was the long-awaited “other shoe to drop”; yet its signing may signal the beginning of even more complex aftershocks. The Trump administration declared that the “war on crypto is over,” describing the previous Biden administration’s prosecution of CZ as political persecution. Meanwhile, the incident also revealed the Trump family’s deep and complex interests in the crypto industry—on one hand, Binance led by CZ once suffered setbacks in the US, while on the other, Trump and his children were building a vast empire in the crypto space. All of this has woven a jaw-dropping real-life drama between Washington and Wall Street: money, power, digital currency, and the trading of interests at the very core of American power. CZ Convicted: From Investigation and Settlement to Four-Month Sentence CZ, once one of the most legendary figures in the crypto world, experienced a dramatic downfall under the heavy hand of US regulation. The US Department of Justice had investigated Binance for years over alleged anti-money laundering and sanctions violations, accusing it of allowing suspicious transactions on its platform, including transfers involving terrorist group Hamas. Under immense legal pressure, CZ reached a plea agreement with the DOJ on November 21, 2023, admitting to failing to establish effective anti-money laundering compliance procedures at Binance, thus violating the US Bank Secrecy Act (BSA). As part of the agreement, Binance also admitted to related violations, and both parties agreed to pay over $4 billion in fines to settle the case—Binance paid about $4.3 billion, while CZ personally paid a $50 million fine. This made it one of the largest corporate settlements in US history. The settlement also imposed strict restrictions on Binance and CZ: CZ immediately announced his resignation as Binance CEO, with former Asia-Pacific head Richard Teng taking over, and agreed to a lifetime industry ban, permanently barring him from managing or operating Binance’s global business, especially from holding any executive position at Binance US. Binance was required to undergo three years of independent compliance monitoring to ensure its operations met legal requirements. Notably, CZ became the first person in US history to be imprisoned solely for a single BSA charge. At the sentencing hearing on April 30, 2024, a federal judge in Seattle sentenced CZ to four months in prison. Though the sentence seemed short, it was highly symbolic—demonstrating regulators’ determination to bring crypto giants to justice and sending shockwaves through the global crypto industry. During his sentence, CZ was held in a US federal prison. He was released in September 2024, ending his four-month incarceration. By this time, CZ no longer held any official position at Binance, and Binance was banned from operating in the US due to its guilty plea and regulatory issues. The once-dominant crypto tycoon had fallen from grace, with both his personal reputation and business empire severely damaged. CZ After Prison: Quiet or Underlying Currents? After his release, CZ initially chose to keep a low profile, staying out of the public eye. But beneath the surface calm, social media and industry rumors indicated he had not completely exited the crypto stage. In early 2025, rumors began to circulate on Twitter (now X) and other platforms that the Trump administration might pardon CZ. CZ actively responded to media reports and participated in public discussions, showing that his influence had not entirely faded despite his imprisonment. In March 2025, The Wall Street Journal broke a bombshell: representatives of the Trump family had been in talks with Binance since 2024, discussing the Trump family acquiring a stake in Binance US, and revealing that CZ was seeking a presidential pardon. The report shook the industry and thrust CZ back into the spotlight. That day, CZ quickly refuted the report on X: “Sorry to disappoint everyone, but The Wall Street Journal got the facts wrong. The truth is: I have not discussed any deal to acquire Binance US with... anyone.” However, he then admitted, “No felon would mind being pardoned, especially since I am the only person in US history to be imprisoned for a single BSA charge.” This was seen as tacit confirmation of his desire for a pardon. CZ further suggested the report was politically motivated, saying it felt like an “attack on President Trump and crypto,” and that “the Biden administration’s war on crypto is still ongoing.” By early May 2025, CZ began to more openly express his desire for a pardon. On May 7, he confirmed for the first time on a podcast that he had formally submitted a presidential pardon application to the Trump administration. CZ explained that since mainstream media were already reporting on the matter, “it made sense to just formally make the request.” He revealed the application was submitted between late March and early April, within two weeks of the reports. During this period, keen observers also noticed that CZ quietly removed “former @Binance CEO” from his social media bio—seen as a hint at a possible change in his future identity, sparking speculation about a comeback. In August 2025, US media further revealed CZ’s efforts to obtain a pardon: on August 13, he hired lobbyist Ches McDowell, who has close ties to Donald Trump Jr., to lobby for the pardon in Washington. This confirmed suspicions that CZ was actively working behind the scenes. Meanwhile, attention to CZ’s fate peaked in the crypto community: on the decentralized prediction market Polymarket, bets on “whether CZ would be pardoned” surged, with the probability of a successful pardon reaching 64% in mid-October. Some in the crypto world even created memes like “Binance Life,” joking that if CZ regained freedom, he would continue his inseparable journey with Binance. Trump’s Sudden Pardon: White House Intervention and Political Storm On October 22, 2025, President Trump signed a pardon for CZ at the White House, announcing the decision to the public the next day. White House Press Secretary Karoline Leavitt stated: “The President has exercised his constitutional authority to pardon Mr. CZ, who was prosecuted during the Biden administration’s war on crypto. The Biden administration’s war on crypto is over.” This move by the Trump administration effectively declared an official end to the previous administration’s harsh regulation of the crypto industry and publicly exonerated CZ. Trump himself was reportedly sympathetic to claims that CZ and others in the industry had been “persecuted,” with several sources close to Trump saying he believed the case against CZ was “very weak and should never have risen to the level of felony charges and imprisonment.” The pardon immediately triggered fierce political reactions in Washington. Supporters saw it as evidence of Trump’s embrace of innovation and determination to correct the previous administration’s mistakes, while critics condemned it as a blatant exchange of interests, seriously undermining the rule of law and ethical norms. Democrats were especially outraged. Senior Senate Banking Committee member Elizabeth Warren and other Democratic senators quickly issued a joint statement after the pardon, accusing the Trump administration of condoning crypto crime and weakening financial regulation. As early as May, when the Trump family’s crypto business was involved in massive transactions with Binance, Warren warned: “A foreign government-backed fund announced a $2 billion deal using Trump’s stablecoin, while the Senate is preparing to pass the so-called ‘GENIUS Act’—this stablecoin legislation will make it easier for the President and his family to profit. This is corruption, and no senator should support it.” In her view, Trump’s pardon of CZ implied huge transfers of interests and conflicts. The Republican camp generally welcomed the move, seeing the Biden-era handling of CZ as an example of over-enforcement. Trump administration officials and supporters emphasized that CZ’s crime would not normally result in jail time for other financial industry executives, arguing that the Biden administration “chose to enforce” out of political hostility toward the crypto industry, and that Trump was merely correcting this injustice. Trump’s new Treasury Secretary even said in an interview: “The war on crypto is over; America will strive to become the global crypto capital.” The market responded swiftly: after the pardon was announced, Binance’s BNB token price surged from 1083 USDT to 1160 USDT within hours, a 6.7% increase. It can be said that this pardon sparked a political storm and caused ripples in the capital markets. Legally, a presidential pardon means CZ’s federal conviction is wiped out, and related penalties and restrictions may also be nullified. Legal experts point out that the President enjoys the highest pardon authority under the US Constitution, able to pardon federal crimes and penalties. Thus, Trump’s pardon not only frees CZ from further legal consequences but may also lift several restrictions he agreed to in his plea deal with the DOJ. This theoretically gives CZ the chance to regain control of the crypto empire he built—something that excites supporters but worries hardline regulators. The Trump Family’s Crypto Empire: NFTs, Tokens, and Hidden Interest Networks Behind the twists and turns of the CZ case, the Trump family’s rapid rise in the crypto space has been a constant undercurrent. Although Trump publicly stated in 2019 that he was “not interested” in bitcoin, in the years after leaving the White House he transformed into an active participant in the crypto world. Especially during his 2024 campaign to return to politics, Trump dramatically changed his stance, openly embracing digital currency: he not only declared that the US government’s bitcoin holdings would never be sold and that bitcoin would be listed as a national strategic reserve asset, but also announced on his official website that he would accept crypto donations for his campaign. More importantly, the Trump family began to commercialize the “Trump” brand, embedding it deeply into a series of NFT and crypto token projects, building a crypto business empire spanning both politics and business. First, in the NFT field. In December 2022, Trump launched his first personal NFT series—the “Trump Digital Trading Cards,” each priced at $99. These NFT cards, featuring Trump as a superhero, astronaut, cowboy, and other exaggerated personas, sold out within 18 hours, generating $4.455 million in sales. Encouraged by this success, Trump subsequently released four NFT series, selling over 200,000 digital collectible cards in total, with direct sales revenue exceeding $22 million; combined with secondary market royalties, it is conservatively estimated that his NFT projects have brought Trump over $8 million in net profit. Trump successfully turned his personal IP into a blockchain bestseller, not only enriching himself but also cultivating a large crypto supporter community. However, compared to NFTs, the Trump family’s ventures in tokens and crypto finance have had even greater impact. In September 2024, Trump’s sons Donald Trump Jr. and Eric Trump announced their entry into the digital asset market, founding a crypto company called World Liberty Financial (WLF). In October, the company launched its first cryptocurrency—WLFI token—boasting that it was endorsed by the Trump family and would grant holders “shareholder-like” rights to participate in company decisions. Although initial sales were modest, with only $2.7 million worth of WLFI sold by the end of October 2024, Fortunes changed: after Trump won the presidential election in November 2024, demand for WLFI soared. Riding the wave of Trump’s victory, WLF attracted multiple rounds of large-scale financing and token subscriptions in early 2025. Data shows WLF has conducted eight rounds of private fundraising, raising at least $590 million, with the fully diluted market cap of WLFI tokens reaching as high as $123 billion in OTC trading. One key reason for WLF’s sky-high valuation is its secret channel between the White House and the crypto world: Trump’s status as sitting president gave this family business unparalleled “policy endorsement.” According to WLF disclosures and media investigations, Trump personally holds 60% of WLF’s equity through a family trust and enjoys 75% of the company’s token sales revenue. Trump’s two sons directly participate in management and operations, serving as “Web3 Ambassadors” and co-leading daily business with several veteran crypto entrepreneurs. Even more striking, WLF locked in family interests by reserving a huge number of tokens: the Trump family and affiliates were directly allocated 22.5 billion WLFI tokens (22.5% of the total supply). In less than a year, The New Yorker estimated the Trump family had profited about $412.5 million from this project. In short, the Trump family has transformed the political influence of the White House “First Family” into the hottest “primary capital” in the crypto world. In addition to issuing WLFI tokens, WLF launched a dollar-pegged stablecoin, USD1, in March 2025, claiming it was 100% backed by US Treasury bonds and cash assets. Just over a month after Trump returned to the White House, this stablecoin made its debut in a major international transaction: Abu Dhabi National Security Advisor Tahnoun bin Zayed’s sovereign investment firm MGX announced it would use $2 billion worth of USD1 to acquire a stake in Binance! WLF co-founder Zach Witkoff excitedly announced the news at a Dubai crypto conference, saying “USD1 has been chosen as the official stablecoin for MGX’s $2 billion investment in Binance.” Notably, Zach is the son of Trump’s Middle East envoy and old friend Steven Witkoff. Also on stage with Zach were Eric Trump and Asian crypto tycoon and Tron founder Justin Sun. The MGX deal sparked strong doubts in US political circles: on one hand, a UAE sovereign fund with foreign government backing injected huge capital into Binance, which had been penalized for money laundering, using a stablecoin issued by the Trump family business; on the other, the Trump administration almost simultaneously approved the export of hundreds of millions of dollars’ worth of advanced chip equipment to Tahnoun’s company, despite national security agencies’ concerns that the chips might end up in China. Such coincidences prompted media and watchdogs to question—was the Trump administration trading national interests for family business gains? The New York Times’ in-depth investigation described WLF’s business as “breaking the boundaries between private enterprise and government policy, unprecedented in modern US history.” The report revealed that WLF had secretly accepted large sums from foreign investors and crypto exchanges in exchange for access to Trump, and noted that at least one investigation into related parties was dropped after payment was made. For example, Chinese crypto tycoon Justin Sun invested at least $75 million in WLF and became an advisor in early 2025; soon after, the US Securities and Exchange Commission (SEC) suspended its investigation into Sun’s companies. Such intertwined interests have cast a thick shadow of conflict of interest over the Trump family’s crypto empire. Another intriguing chapter in the Trump family’s crypto journey is Trump’s personal meme coin. Just before his second inauguration, Trump’s team unexpectedly launched a meme coin called $TRUMP on January 17, 2025. The token was issued on the Solana chain, with a total supply of 1 billion, 20% sold publicly via ICO, and the remaining 80% held by Trump family companies. Within a day of launch, $TRUMP’s market cap soared to $27 billion, making Trump’s holdings worth over $20 billion. Although this valuation was unsustainable, according to the Financial Times, the project still brought Trump at least $350 million in real profits within a few months. More notably, after returning to the White House, Trump repeatedly touted the value of $TRUMP and took administrative measures to boost its price, directly increasing his personal net worth. Ethicists harshly criticized this, saying that as president, Trump was promoting private crypto projects and manipulating policy to benefit his own tokens, constituting an unprecedented conflict of interest. Trump’s spokesperson argued, however, that the president’s business assets were managed by his children, so “there is no conflict of interest.” Pardon Controversy: Vote Trading or Money Transfer? All signs suggest that Trump’s pardon of CZ was not simply based on policy philosophy, but likely involved calculations of vote trading and interest transfer. In the 2024 election, crypto industry practitioners and investors were seen as an emerging political force that could not be ignored. The Biden administration’s strict regulation of the crypto market angered many in the crypto community, and Trump keenly seized on this sentiment, branding himself as the “crypto president” and promising to unleash crypto productivity if elected. Reports indicate that Trump’s campaign not only received donations from some crypto whales and institutions, but also sent goodwill signals to the crypto community by actively engaging in NFTs and tokens. In his first month back in the White House, Trump signed several executive orders favorable to the crypto industry, such as promoting the “GENIUS Act” in Congress to relax stablecoin regulation, and inviting the Winklevoss twins and other well-known crypto entrepreneurs to the White House for a “US Crypto Renaissance” event. In this context, pardoning CZ further cemented Trump’s reputation and support in the crypto world. With a massive global fan and customer base, Trump’s pardon of CZ was seen as a friendly signal to the entire crypto community, aiming to win over this emerging voter group. On the other hand, the potential interests of Trump family’s overseas backers in the CZ case cannot be ignored. As a global trading platform, Binance has countless international capital connections, including the aforementioned Abu Dhabi MGX fund and overseas investors like Justin Sun. These individuals are both key partners in CZ’s business empire and honored guests of Trump’s crypto enterprises. From MGX investing in Binance with Trump’s stablecoin, to the Trump administration exporting high-tech chips to the UAE, to Justin Sun investing in Trump’s company in exchange for leniency from the SEC, the chain of interest exchange is clear. Trump’s pardon of CZ was likely a key link in this transnational game of interests: once CZ regained his freedom, his influence and resources would return to the market, indirectly benefiting overseas capital allied with the Trump family. Some speculate that these behind-the-scenes stakeholders actively lobbied or even pressured Trump, leading to the final decision to pardon CZ. There is currently no direct evidence that Trump accepted money in exchange for the pardon, but the many details have raised public vigilance. The House Minority Leader has called for an investigation into Trump’s decision to pardon CZ, to examine whether there was abuse of power or exchange of interests. Government ethics watchdogs have also demanded transparency regarding the Trump family’s crypto investments and decision-making process, to clarify whether the president’s actions were influenced by private business interests. The CZ pardon has thus transcended the judicial realm, becoming a test of the integrity and rule of law in American politics. Regulatory Shock and Global Landscape: Where Is the Crypto Industry Headed? The aftermath of the CZ case and Trump’s pardon is profoundly affecting the regulatory direction and market landscape of the US and global crypto industry. In the US, Trump’s rise to power marked a 180-degree shift in federal crypto policy: agencies like the Securities and Exchange Commission (SEC) have slowed or even withdrawn lawsuits against crypto companies. For example, the SEC filed a civil suit against Binance in 2023, but dropped the case soon after Trump took office. Regulatory leaders have mostly been replaced with crypto-friendly figures, and terms like “safe harbor” and “exemption” have become keywords. This has brought relief to US crypto companies previously anxious about compliance. According to Forbes, several crypto exchanges (such as Gemini and Bullish, founded by the Winklevoss twins) successfully went public in 2025, joining Coinbase. Bitcoin prices repeatedly hit new highs in 2025, once surpassing $126,000, with market participants declaring “the winter is over, the bull market is back.” In short, Trump’s administration and a series of friendly measures have brought a long-awaited revival to the US crypto industry. However, this sudden change in regulatory environment has also led to complex shifts in compliance trends. On one hand, US deregulation has unleashed dividends, attracting capital and projects back, with crypto entrepreneurship and investment activity surging. Statistics show that in Q3 2025 alone, global crypto M&A transactions exceeded $10 billion, a 30-fold year-on-year increase. Many Wall Street giants (such as JPMorgan, BlackRock, etc.) have seized the opportunity to enter the crypto market, launching regulated bitcoin funds, spot ETFs, and other products. The easing of regulatory barriers and policy endorsement have encouraged these financial institutions to participate deeply in crypto, further driving industry consolidation. Asset managers like 21Shares have been acquired, and native crypto firms are also launching acquisition waves to strengthen their moats. Overall, under Trump’s leadership, the US is striving to become the “global crypto capital,” seeking to concentrate compliant capital and technology domestically to take the lead in the next wave of innovation. On the other hand, the sudden relaxation of US regulation has raised concerns about risk control and regulatory arbitrage. Some countries in Europe and Asia have chosen to remain cautious or even tighten regulatory fences to guard against speculative risks from the US policy shift. For example, the EU’s MiCA regulatory framework, launched in 2024, is still strictly enforced, with no relaxation on capital requirements for stablecoin issuers or operational standards for exchanges. In contrast, US enforcement against large crypto companies has clearly weakened, with even someone like CZ—convicted of anti-money laundering violations—quickly pardoned and allowed to return. Critics call this “a historical regression.” Financial crime experts warn that America’s softer stance may foster a sense of impunity in the industry, with some companies relaxing internal compliance because they see that even crossing the line may result in escaping sanctions or even being exonerated through political means. This poses a potential threat to global anti-money laundering and anti-terrorism financing systems, and other jurisdictions may have to “go their own way” on crypto regulation, making global regulatory coordination more difficult. For international platforms like Binance, the US policy shift is undoubtedly a major turning point. Although Binance suffered a major setback and exited the US market in 2023, Trump’s pardon and regulatory easing may give it a chance to make a comeback. Analysts point out that Binance US was previously paralyzed, but may now see investment from the Trump family, achieving a “backdoor rescue.” More importantly, CZ’s personal freedom of action has greatly increased. If he truly wants to return to an industry leadership role, Trump’s pardon has removed the main legal obstacles. Of course, this depends on CZ’s future relationship with US regulators: under the Trump administration, he may rise smoothly, but if the administration changes again, he and Binance could still face a reckoning. This uncertainty also reflects the politicization of US crypto regulation—companies’ fortunes are closely tied to the White House, which is not conducive to long-term industry stability. In the global market landscape, the CZ case and Trump’s pardon have also triggered chain reactions. Asian and Middle Eastern capital are actively seizing this opportunity to accelerate their global crypto strategies. Institutional investors in Abu Dhabi, Singapore, Hong Kong, and elsewhere, who previously kept their distance from Binance for fear of crossing US red lines, may now be emboldened to cooperate due to Trump’s change in attitude. Binance itself may seek a new balance between compliance and the gray area: with the US market showing new promise, Binance is sure to invest resources in rebuilding its compliance image and repairing relations with US regulators, while consolidating its dominance in non-US markets. As US exchanges like Coinbase and Gemini expand overseas thanks to favorable policies, if Binance can regain some US market access, it will undoubtedly strengthen its position as a global leader. Conclusion CZ’s story seems to have reached a pause, but the discussions it has sparked are far from over. After this incident, everyone sees more clearly. US regulatory logic is not set in stone; it can shift in power struggles and adjust under industry pressure. The crypto world is no longer an isolated island; it must learn to survive in policy gaps and even actively participate in rulemaking. Trump’s pardon is less an endpoint than a brand new beginning. It has shown the market the enormous influence of politics on the crypto industry and made regulators worldwide realize that a more flexible approach may be needed for this emerging field. CZ has regained his freedom, but the long process of integration between the crypto world and mainstream society is far from over. The only certainty is that every future technological breakthrough and policy adjustment will continue to test everyone’s wisdom. Where this road leads, no one can spoil in advance. Author: Seedly.eth
Filled orders
Delivery scenarios