What a surprise. The scam lord @cz_binance has been spending time in the UAE, and shortly after, Binance shifts key structures to the UAE, a jurisdiction known for light regulation. Shortly before that, a $2 billion investment flows into Binance via MGX, an Abu Dhabi based investment firm. The entire $2B was paid in USD1, the stablecoin issued by Trump family backed World Liberty Financial. USD1 is backed by U.S. Treasuries, meaning WLFI earns roughly $60–80 million per year in yield as long as Binance does not redeem the $2B. So the money originates from the UAE, flows through MGX into Binance, props up WLFI’s stablecoin, and months later CZ receives a presidential pardon. Nothing about this is a coincidence.

Based @cz_binance.