Trump claims not to know fraudster who boosted his crypto venture after pardoning him
President Donald Trump said he pardoned Changpeng Zhao, a billionaire who boosted a crypto company owned by the Trump family, because "a lot of people" said he was innocent.
During a Thursday Oval Office event, a reporter asked whether Zhao's pardon had anything to do with his family's World Liberty Financial crypto venture.
"I do pardon a lot of people," Trump replied. "A lot of people say that he wasn't guilty of anything. He served four months in jail, and they say that he was not guilty of anything."
"That what he did, well, you don't know much about crypto," he told the reporter. "You know nothing about nothing, you know, fake news. But let me just tell you that he was somebody that, as I was told, I don't know him. I don't believe I've ever met him. But I've been told by — a lot of support, he had a lot of support. And they said that what he did is not even a crime."
Trump claimed that Zhao had been "persecuted by the Biden administration," even though he pleaded guilty to violating U.S. anti-money-laundering requirements.
"So I gave him a pardon at the request of a lot of very good people," Trump concluded.
As millions protested, a separate big Trump demonstration sent an appalling message
The U.S. Marine Corps — under the watchful eyes of Vice President JD Vance and Defense Secretary Pete Hegseth — staged a demonstration on Saturday in southern California.
It wasn’t a No Kings demonstration, though. It was more like a Yes Kings demonstration.
Some of the Marine Corps’ shells that were fired by M777 howitzers across California’s Interstate 5 prematurely detonated, sending shrapnel down on what could have been hundreds of motorists.
Why the hell did the Marine Corps fire artillery shells over Interstate 5 anyway?
Interstate 5 is the largest and most-traveled north-south freeway in California.
The military demonstration was part of an exercise marking the Marine Corps’ 250th anniversary.
Beforehand, the military predicted that the exercise would be safe, but California Governor Gavin Newsom disagreed.
“Firing live rounds over a busy highway isn’t just wrong — it’s dangerous,” Newsom said last week.
Newsom was so concerned about the plan that he ordered a 17-mile stretch closed of the freeway closed between Los Angeles and San Diego — which caused significant backups on that portion of the interstate, used by approximately 80,000 people daily.
Before the mishap, Vance’s office disputed Newsom’s claim that the live rounds were dangerous, saying the Marine Corp’s demonstration was “an established safe practice.”
“If Gavin Newsom wants to oppose the training exercises that ensure our Armed Forces are the deadliest and most lethal fighting force in the world, then he can go right ahead,” Vance’s communications director said in a statement. “It would come as no surprise that he would stoop so low considering his pathetic track record of failure as governor.”
After the round prematurely exploded on Saturday, the whole exercise — which was expected to include the firing of approximately 60 155-millimeter shells — was terminated.
An active-duty Marine artillery officer and a former Marine artillery noncommissioned officer who spoke to the New York Times described the exercise as “unusual.”
They said the only howitzer training they had previously observed at Camp Pendleton had taken place at approved artillery ranges on the main side of base, east of the interstate, which they said were a much safer option for training.
A highway patrol official based in the area also described it as “unusual and concerning.”
Tony Coronado, the highway patrol’s border division chief, said in a statement that “it is highly uncommon for any live-fire or explosive training activity to occur near an active freeway.”
So what’s going on here? Why did the Marine Corps decide to fire live artillery shells across California’s major interstate freeway on Saturday?
Could the decision have had anything to do with the planned No Kings demonstrations in California on Saturday — the heart of anti-Trump country — and the well-known fact that Trump hates California?
Just asking.
- Robert Reich is a professor of public policy at Berkeley and former secretary of labor. His writings can be found at https://robertreich.substack.com/.
- Robert Reich's new memoir, Coming Up Short, can be found wherever you buy books. You can also support local bookstores nationally by ordering the book at bookshop.org.
