The Journal. The Journal.

The Crypto President: Part 1

Apr 24, 2026

Summary

This episode investigates the Trump family’s crypto venture, World Liberty Financial, and its secret ties to Binance and UAE investors. Hosts Jessica Mendoza and Ryan Knudsen, with reporter Angus Barrick, detail how Binance helped launch the USD1 stablecoin to secure a presidential pardon for founder Changpeng Zhao. The story reveals a $2 billion transaction by UAE firm MGX that boosted the company’s value, raising conflict-of-interest questions.

Topics discussed

Intro and live show announcement World Liberty Financial launch and Trump family involvement Sponsor ads: Accenture and Optum Abu Dhabi crypto conference and VIP networking Changpeng Zhao's legal troubles and desire for pardon Trump pardons CZ and initial reactions Sponsor ads: Indeed and Mariner Binance builds USD1 stablecoin for World Liberty $2B transaction boosts USD1 market cap MGX investment and secret UAE government ties Outro and credits
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