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⚯ Michel de Cryptadamus ⚯

Prediction: #Binance is going to get out from under the independent monitoring and billions of dollars in #moneylaundering fines (which, contrary to the way it is phrased in WSJ, I’m pretty sure have not all been paid yet - payment was to take place over the course of several years) it was hit with in exchange for helping grow the market share of the Trump + Witkoff family stablecoin #USD1 (launched by #WorldLibertyFinancial / #WLFI).

wsj.com/finance/regulation/bin

#moneylaundering #uspol #crime #corruption #crypto #stablecoin #broligarchy

WSJ Binance Seeks to Curb US Oversight While in Deal Talks With Trump’s Crypto Company Executives for the cryptocurrency exchange met with Treasury officials last month after the company entered into talks with a Trump family venture Executives from cryptocurrency exchange Binance met with Treasury Department officials last month and discussed loosening U.S. government oversight on the company, while it was also exploring a business deal with a Trump family crypto venture, according to people familiar with the talks. The Binance executives asked Treasury officials in Washington to remove a U.S. monitor that oversees the exchange’s compliance with anti-money-laundering laws, some of the people said. The move would mark a first step toward returning the company, which in 2023 pleaded guilty to violating those laws, to the U.S. market. Binance has also been in talks to list a new dollar-pegged cryptocurrency from World Liberty Financial, a crypto venture backed by President Trump’s family, other people familiar with the discussions said. Listing the token, known as a stablecoin, could catapult it into a huge market and potentially bring in billions in profit for the family. Those dealings mark the progression of a growing alliance between the Trump family and Binance, the world’s largest cryptocurrency exchange, which paid a record $4.3 billion fine for allowing terrorists, drug traffickers and sanctioned actors
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⚯ Michel de Cryptadamus ⚯

one wonders where trump, witkoff, #JustinSun, & the rest of the #WorldLibertyFinancial crew are holding the $100 million in cash that's theoretically backing the 100 million #USD1 tokens they've issued on the blockchain run by everyone's favorite Chinese #moneylaundering crypto exchange, #Binance.
x.com/Eljaboom/status/19105950

#WorldLibertyFinancial #WLFI #WorldLibertyFi #SteveWitkoff #uspol #stablecoin #Trump #MAGA #corruption #crime #china #PRC #BNB

SR - N VR CISIETe USD1 supply on @BNBChain surpasses $100M. "USD1 stablecoin", launched by @worldlibertyfi has reached $103.48M MCap on #BNB Chain. BNB Chain is unstoppable! (o e Py Q Search by Address / Tsn Hash / Block / Token / Domain Name Sl T @M Bscscan R L . A - @ Token Word iberty Financial usD (Uso1)
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