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Trump pardons convicted Binance founder

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Re: Trump pardons convicted Binance founder

#91

Earlier quoted context omitted.

We better hope JD Vance isn't able to capture the cult of personality after Trump is gone.

JD Vance is a great debator, and might appeal to some urban Republic voters. But I don't see him having and away on the rural voters like Trump does.

"I was told there wouldn't be fact-checking" is a great debater?

Re: Trump pardons convicted Binance founder

#92

Earlier quoted context omitted.

Changpeng Zhao pled guilty for violating the Bank Secrecy Act and not complying with anti-money laundering requirements. That also happened to a lot of big banks over and over again. Three days ago one of the biggest was found guilty for helping Sudan’s government commit genocide by providing banking services that violated American sanctions [0]. Sounds worst. Binance is a casino for millennial and gen Z and like cas…

Whataboutism. Has to be called out.

Doesn't make the double standards any less true.

Re: Trump pardons convicted Binance founder

#93
post #89

I wonder if civil forfeiture will work against Trump once he's out of office. Trump's net worth before becoming President was under US$1 billion. Now it's over 6 billion. A civil claim for the difference based on the Emoluments Acts. "The Foreign Emoluments Clause bars the president and other federal officials from accepting “any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or fo…

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> Why would we want to?

Because crimes should be prosecuted.

> Should we do the same to her?

Obviously yes. Why would we give a damn? See also: Epstein files & Clinton. Release them, round him & the rest of them up.

Re: Trump pardons convicted Binance founder

#94
post #78

Key line: > "Since Trump’s election, Binance has also been a key supporter of his family’s World Liberty Financial crypto venture, a business that has driven a huge leap in the president’s personal wealth." "Huge leap" meaning $5 billion, https://www.cbsnews.com/news/trump-wlfi-world-liberty-financ... ( "New crypto token boosts Trump family's wealth by $5 billion" )

Not sure why you quote it, that's pretty huge. I'd call any double-digit percent increase on a billionaire's wealth huge.

I think the parent is quoting the phrase simply because they are defining it, and not using sarcasm quotes.

Re: Trump pardons convicted Binance founder

#95
post #89

I wonder if civil forfeiture will work against Trump once he's out of office. Trump's net worth before becoming President was under US$1 billion. Now it's over 6 billion. A civil claim for the difference based on the Emoluments Acts. "The Foreign Emoluments Clause bars the president and other federal officials from accepting “any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or fo…

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Yeah I agree, we should be holding the ruling class accountable for building generational wealth while average Americans can barely afford basics.

Re: Trump pardons convicted Binance founder

#97
post #7

> Zhao, in November 2023, pleaded guilty in Seattle federal court and agreed to step down as Binance CEO as part of a $4.3 billion settlement by the company with the Department of Justice. Did he already pay the $4.3 billion? That's a lot of money, even for the federal government.

I understand that the commutation of George Santos means he does not have to pay the court ordered restitution to the people he defrauded.

Puts an even grosser spin on this incineration of the rule of law.

Penalties within plea deals likely have different rules but given a pardon is a higher rung of absolution I am horrified to wonder if he could clawback any personal financial penalties he has paid or even seek compensation.

Re: Trump pardons convicted Binance founder

#98
post #89

I wonder if civil forfeiture will work against Trump once he's out of office. Trump's net worth before becoming President was under US$1 billion. Now it's over 6 billion. A civil claim for the difference based on the Emoluments Acts. "The Foreign Emoluments Clause bars the president and other federal officials from accepting “any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or fo…

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Why not start with the obvious example and collect the whatsbouts during the trial.

Re: Trump pardons convicted Binance founder

#99
post #89

I wonder if civil forfeiture will work against Trump once he's out of office. Trump's net worth before becoming President was under US$1 billion. Now it's over 6 billion. A civil claim for the difference based on the Emoluments Acts. "The Foreign Emoluments Clause bars the president and other federal officials from accepting “any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or fo…

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Yes.

(And I say that as a Democrat in California)

Re: Trump pardons convicted Binance founder

#100
post #89

I wonder if civil forfeiture will work against Trump once he's out of office. Trump's net worth before becoming President was under US$1 billion. Now it's over 6 billion. A civil claim for the difference based on the Emoluments Acts. "The Foreign Emoluments Clause bars the president and other federal officials from accepting “any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or fo…

[flagged]

This not the "gotcha" you think it is; yes, we should get anyone that is committing a crime. Nobody is deifying Pelosi as some god above the law.
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