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Dick Durbin: “The founder of the crypto company Binance was sentenced to…”

Featuring: Dick Durbin, Democratic | U.S. Senate Illinois

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Durbin to Blanche: Trump lost the 2020 election 'any eighth grader in America knows that'

Published | Video Starts at 10:35

With the crypto enforcement unit out of the way, President Trump brought in $1.4 billion from his family's cryptocurrency business in 2025 alone. Take that one. Take one example of the dealing in the administration. 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. (10:35–10:45)

CLAIM

Asserts that Binance's founder was sentenced and fined for money laundering.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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