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CZ claps back against ‘baseless’ US plea deal allegations

cryptoweekly by cryptoweekly
April 12, 2025
in bitcoin, News
0

Former Binance CEO Changpeng Zhao denied reports that he agreed to testify against Justin Sun, calling the WSJ story baseless and politically motivated.

Changpeng “CZ” Zhao, former CEO of Binance, has denied claims that he agreed to provide evidence against Tron founder Justin Sun as part of a plea deal with the United States Department of Justice (DOJ).

In an April 11 report, The Wall Street Journal cited unnamed sources alleging that CZ had agreed to testify against Sun under the terms of his settlement with US prosecutors.

“As part of Zhao’s plea deal, he agreed to give evidence on Sun to prosecutors,” an “arrangement” that “hasn’t previously been reported,” the WSJ report stated, citing sources familiar with the matter.

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Recent Posts
  • Bitcoin gets Fed rate pause 'tailwind' as BTC eyes $106K short squeeze
  • Nobitex source code leaked after $100M hack by pro-Israel group
  • South Korea to investigate fees by local crypto exchanges
  • Nobitex source code leaked after $100M hack by pro-Israel group
  • South Korea to investigate fees of local crypto exchanges
  • Binance’s CZ suggests ‘will function’ to distribute crypto in case of death
  • Need ChatGPT’s help? It could be making you dumber

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