3 ms·
Key line: > "Since Trump’s election, Binance has also been a key supporter of his family’s World Liberty Financial crypto venture, a business that has driven a
by perihelions 1y ago
Key line:
> "Since Trump’s election, Binance has also been a key supporter of his family’s World Liberty Financial crypto venture, a business that has driven a huge leap in the president’s personal wealth."
"Huge leap" meaning $5 billion,
https://www.cbsnews.com/news/trump-wlfi-world-liberty-financial-crypto-wealth/ https://www.cbsnews.com/news/trump-wlfi-world-liberty-financ... ("New crypto token boosts Trump family's wealth by $5 billion")
- pacman1337 1y agoBut Binance founder doesn't work for Binance anymore so why pardoning founder help Binance?
- peer2pay 1y agoBecause it sets a precedent
- nickfromseattle 1y agoAccording to Binance, he owns 90%. Whether he is CEO or not probably doesn't prevent him from influencing Binance operations to support Trump's coin.
- ardent-flareup 1y agoThe current head of binance (and cofounder) is Yi He. Who happens to be in a relationship with CZ and is the mother of his children.
- JKCalhoun 1y ago$5B, so far.
- kentm 1y agoNot sure why you quote it, that's pretty huge. I'd call any double-digit percent increase on a billionaire's wealth huge.
- happytoexplain 1y agoI think the parent is quoting the phrase simply because they are defining it, and not using sarcasm quotes.
- perihelions 1y ago(It's a literal quote of the WSJ).
- Capricorn2481 1y agoThey're saying it's an understatement.