Trump Lobbyists Allegedly Priced Presidential Pardons at $1 Million

The Wall Street Journal reports lobbying fees for pardons could reach $6 million, with Binance founder CZ among potential beneficiaries under a Trump second term.

Summary

According to The Wall Street Journal, sources indicate that lobbying fees to secure presidential pardons under Donald Trump’s potential second term could reach $6 million. Binance founder Changpeng Zhao (CZ) is reportedly among the individuals who might benefit from a new informal pardon path. The increase in fees is partly attributed to Trump’s experience as a criminal defendant.

Terms & Concepts
  • Presidential Pardon: An official act by the head of state forgiving an individual for a federal offense, removing associated legal penalties.
  • CZ: Changpeng Zhao, founder and former CEO of cryptocurrency exchange Binance.
  • Binance: A global cryptocurrency exchange platform offering trading and related digital asset services.