At a Senate hearing with Todd Blanche, Sen. Dick Durbin said the founder of crypto company Binance was sentenced in April 2024 and ordered to pay a $50 million fine over a money laundering scheme. Durbin said the founder then brokered a deal channeling $2 billion into the Trump family's crypto business, World Liberty, after which President Trump pardoned him. He added that Binance accounts have funneled about $1.7 billion to Iranian entities linked to terrorism.
The receipt
- Who
- Sen. Dick Durbin
- Where
- hearing - Senate Judiciary Committee, Todd Blanche Attorney General confirmation
- Original footage
- MS NOW · watch the full video from this moment
- Length
- 33 seconds, unedited within the cut
Read the transcript
In April 2024, the founder of the crypto company Binance was sentenced to prison and ordered to pay $50 million fine for a money laundering scheme, $50 million fine. He then brokered a deal to channel $2 billion into the Trump family's crypto business, World Liberty Finance, after which President Trump pardoned him. Finance accounts have funneled about $1 .7 billion to Iranian entities linked to terrorism.
Machine transcript of the clip's audio; names are checked, small words may differ.