The discussions for a stake in Binance’s U.S. arm come as founder Changpeng Zhao has pushed for the administration to pardon him for his own 2023 guilty plea.

Representatives of President Trump’s family have held talks to take a financial stake in the US arm of crypto exchange Binance, the Wall Street Journal reported Thursday. Binance’s billionaire founder Changpeng Zhao has been pushing for the Trump administration to grant him a pardon,

The Trump family has allegedly been discussing a possible investment in the crypto exchange Binance—a deal that, especially in light of Binance’s multi-billion-dollar valuation, would raise a host of conflict-of-interest questions.