The former Binance CEO pardon isn’t “pay-to-play." It’s a test of whether facts still matter

The dominant narrative around President Trump’s pardon of Binance founder Changpeng Zhao ("CZ") is one word: corruption. You can see it in the talking points:From those lines, you’d think Binance and CZ have an active business relationship with the Trumps. They don’t. That claim is unsubstantiated. There are no receipts because there’s no deal to show. Earlier this year, Binance announced a $2 billion investment from MGX—a landmark deal and the first institutional investment for the world’s largest crypto exchange. I discussed it with CEO Richard Teng at the DC Blockchain Summit in March.Where