Binance’s Hilarious Bid to Ditch Monitors: Trump Allies to the Rescue!

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So, here’s the scoop: Binance, the crypto giant that’s been playing hide-and-seek with the law, is whining like a toddler who lost their favorite toy! They’re begging to kick the compliance monitor to the curb—at least tone it down a notch, like a bad karaoke singer! 🎤

After a guilty plea that sounds like a bad plot twist in a B-movie—think unlicensed money transmission, sanctions breaches, and anti-money laundering failures—U.S. authorities decided to send in the monitors. You know, like the referees in a game where everyone’s cheating! 🕵️‍♂️

But wait! Binance’s bigwigs, CEO Richard Teng and Chief Legal Officer Eleanor Hughes, are claiming that this whole monitorship thing is costing them more than a bad haircut! They want it gone faster than a magician’s rabbit! 🐇✨

And guess what? They’re feeling all warm and fuzzy under the Trump administration, thinking the new political climate might just roll out the red carpet for their appeal. Because who doesn’t love a good plot twist? 🎭

According to the WSJ, this little pow-wow came after some cozy chats with World Liberty Financial—a crypto venture that’s practically a family reunion for the Trump clan. They’re all about launching a USD1 stablecoin, which is basically a dollar-pegged token that wants to be the next big thing since sliced bread! 🍞💰

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2025-04-14 08:36