Binance denies supporting Trump family cryptos USD1 and WLFI, stating listings were routine and not tied to CZ’s recent pardon.
Binance has responded to accusations from U.S. lawmakers that it supported Trump-related crypto projects shortly after founder Changpeng Zhao (CZ) received a presidential pardon.
The claims center on Binance.US listing USD1 and WLFI, tokens linked to the Trump family’s crypto initiative, within days of the pardon. The exchange has denied any political motive and said the listings were reviewed through its regular process.
Binance Responds to Lawmaker Accusations
U.S. Senator Chris Murphy criticized Binance for listing USD1 days after CZ’s pardon. He accused the exchange of favoring political interests. In response, Binance stated that it followed its usual listing process and that no political connections influenced the decision.
Dear Senator,
We conduct comprehensive due diligence and legal review before listing any asset on @BinanceUS, whether it’s a stablecoin, a new ecosystem project, or a meme token.
Not only are USD1 and WLFI already listed on 20+ major exchanges, including U.S. platforms… https://t.co/6HEM9EprVm
— Binance.US (@BinanceUS) October 29, 2025
The exchange said,
“We conduct comprehensive due diligence and legal reviews before listing any token.”
Binance also mentioned that USD1 and WLFI are already available on other major platforms. These include Coinbase, Kraken, and Robinhood, suggesting the listings are in line with general market trends.
Binance called the accusations unfair and added that its business choices are being politicized.
The company said all token listings are approved through a structured process. This process, it stated, remains independent of external political events or individuals.
Binance Cites Due Process in Listing USD1 and WLFI
Binance emphasized that the listings of USD1 and WLFI were planned and not connected to any recent pardon or political deal. The exchange said both tokens met the same internal standards as other listed assets. It also highlighted that many exchanges had already listed the tokens.
The company explained that a core committee handles all listing reviews. This committee approved USD1 and WLFI well before they were made available. Binance also pointed out that token listings do not indicate political alignment.
The company warned that turning regular business actions into political debates harms the broader crypto ecosystem.
It stated that routine decisions should not be misinterpreted or used in public disputes. Binance added that it remains committed to following compliance rules in all jurisdictions.
Reports of Talks With Trump Allies Surface
A Wall Street Journal report stated that Zhao’s representatives held discussions with Trump allies during the U.S. election period.
These talks reportedly explored how to resolve Binance’s legal matters in the country. Some sources also mentioned the idea of a partnership with Trump’s crypto venture.
After the election, Binance allegedly formed a task force to explore possible collaboration with World Liberty Financial.
Sources claimed this was part of efforts to improve Zhao’s standing with U.S. authorities. However, Zhao has denied returning to Binance or engaging in any political deal.
Binance has not confirmed the reports but maintains that all business activity is managed independently. The exchange said it will continue to focus on operations while responding to regulatory questions.
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