Binance Founder CZ is back on “Smear” allegations that gave evidence against Justinsan in a plea bargain

Former Vinance CEO Changpeng Zhao has passed through CZ and Tron founder Justin Sun has strongly denied Wall Street Journal A report claiming that Zhao agreed to provide evidence against Sun as part of a contract with US authorities as part of a 2023 plea agreement.

Quoting unnamed sources journal On Friday, Zhao, who served four months in prison after pleading guilty to a money laundering violation, reported that he had promised to testify against the Sun in exchange for his generosity.

1 day ago WSJ The article was published, and Zhao posted about how certain “unfounded hits” about him look like in the work.

“The WSJ is really trying here. They seem to forget who went to jail and who didn’t. People who will be government witnesses don’t go to jail,” Zhao tweeted on Saturday, suggesting that someone “paid WSJ employees” to “paint” him.

Sun reflected the denial as he faces separate SEC charges. Sun was called his mentor and “best friend” and admitted that Zhao “played an important role” in his “entrepreneurial journey.”

WSJ The film appeared in reports that Binance executives met with US Treasury officials last month.

Head or tail

Binance is reportedly engaged in consultations to list USD1, a Stablecoin created by World Liberty Financial, a decentralized finance venture backed by investor President Trump’s family.

These discussions are said to have started before the Treasury Department meeting, suggesting a potential conflict of interest.

A spokesman for the Treasury Department confirmed the incident in the journal that a Vinance Conference occurred, which was said to have characterized as “dozens” who hold alongside executives and representatives of the crypto industry.

Contrary to these claims, Binance argues that current monitoring requirements create “inefficient and costly burdens” and represent “fine tweaks” rather than “slack controls.”

The Journal reported that Binance is reportedly seeking a presidential pardon from his former CEO. Zhao denied these allegations.

Last week, DOJ suspended corporate monitoring ships and dissolved the crypto unit that was contributing to the 2023 incident against Binance.

Neither the Justice Department nor the White House issued public statements about suspicious cooperation agreements or potential amnesty considerations.

The White House didn’t return anytime soon. Decrypt’s Request a comment. DOJ declined to comment.

Edited by Stacy Elliott.