The co -founder of Binance Changpeng “CZ” Zhao has allegations that he agreed to testify against the founder of Trone Justin Sun as part of the settlement conditions in his deal with the United States of Justice.
“Wsj is really trying here”-Binance Associate founder
according to April 11 report By the Wall Street Journal, Chic Chic agreed to provide evidence against Sun as part of his agreement with the US Department of Justice. Quoting unveiled sources, WSJ also claimed that Binance executives are pressuring the US Treasury to reduce its supervision of the stock exchange operations.
In a post on the social media platform X, CZ books “WSJ really tries here”, which reduces the jobs submitted in the report. According to the co -founder of Binance, he had not spent any time in prison, assuming that he had already become a government witness and provided information about Sun.
Zhao knew that the report was coming, as he already indicated that “WSJ writes another unrealistic piece” in the April 11 publication in X. In the last post, Check Check repeated his belief in the artificial stimulating report, claiming that someone pushed Wall Street Journal to lead a slander campaign against him.
Source: @cz_binance on X
In response to the founder of Blocktower Capital Ari Paul, CZ explained the charges against him by the Ministry of Justice.
Zhao said:
To clarify this, there were no charges of “money laundering” or “fraud”. You are a confusing “anti -money laundering” to “money laundering”. One is a failure to prevent/police. One does it yourself. Two things are very different.
CZ was sentenced to four months imprisonment in April 2024 after he admitted that he was guilty of anti -money laundering violations (AML) as an executive president. The co -founder was released from the American Federal Prison in September 2024, and since then he has participated in other endeavors inside and outside the encrypted currency industry.
Justin Sun reduces the rumors of the CZ deal
in After xSun tried to claim WSJ's allegations against CZ, saying he did not realize the circulating rumors. “Check Check is both teachers and his close friend – he played an important role in supporting me during my entrepreneurial trip,” said Tron's founder.
Sun also emphasized that he has a direct and honest communication line with both Check Terislid and the US Department of Justice. This was highlighted by noting that the Ministry of Justice is one of the closest and most confident partners in the T3 FCU Financial Crime Unit-the Blockchain Security Initiative that is participating in its founding TON, Tether and TRM.
The price of BNB on the daily timeframe | Source: BNBUSDT chart on TradingView
Distinctive image from Binance, TradingView graph
Editing process For Bitcoinist, it is focused on providing accurate, accurate and non -biased content. We support strict resource standards, and each page is subject to a diligent review by our team of senior technology experts and experienced editors. This process guarantees the integrity of our content, importance and value of our readers.