Binance Founder’s Legal Team Accuses Senator Warren of Defamation Over Pardon Claims
Binance founder Changpeng 'CZ' Zhao's legal team has formally challenged US Senator Elizabeth Warren, accusing her of making defamatory statements regarding Zhao's criminal record and presidential pardon. The dispute stems from Warren's public comments following Zhao's pardon by former President Donald Trump, with Zhao's attorney alleging material inaccuracies in her claims. This development highlights the ongoing tensions between cryptocurrency industry leaders and regulatory figures in the US political landscape.
Binance Founder's Legal Team Challenges Senator Warren Over Alleged Defamatory Statements
Binance founder Changpeng 'CZ' Zhao's attorney has formally accused US Senator Elizabeth Warren of spreading false claims regarding Zhao's criminal record and presidential pardon. The legal notice, delivered by Teresa Goody Guillén of BakerHostetler, alleges material inaccuracies in Warren's public statements following Zhao's pardon by former President Donald Trump.
The dispute centers on Warren's characterization of Zhao's guilty plea to a single regulatory charge related to anti-money laundering controls as a 'criminal money laundering charge.' Guillén contends these remarks have damaged Zhao's reputation and misrepresented the scope of presidential pardon powers. The legal team maintains Zhao's pardon was properly granted through constitutional channels.
Zhao's resignation as Binance CEO formed part of a $4.3 billion settlement with US regulators, which included personal penalties and a brief incarceration period. The escalating conflict highlights growing tensions between cryptocurrency industry leaders and Washington policymakers.
Binance Founder CZ Faces Speculation Over Alleged Ties to ASTER Project
Crypto markets are buzzing with controversy after blockchain sleuths uncovered wallet data suggesting Binance founder Changpeng Zhao may have undisclosed involvement with the ASTER project. The revelation came when trader RUNE exposed identical ASTER token holdings—2,090,598.14 tokens to eight decimal places—in wallets linked to both CZ and the ASTER decentralized exchange.
The findings have ignited fierce debate across crypto communities, with some members interpreting the precision-matched balances as evidence of operational control. While circumstantial, the evidence has prompted calls for independent verification from on-chain analysts. Market participants are particularly sensitive to exchange-founder transparency following recent industry scandals.
ASTER's trading activity remains concentrated on Binance, representing over 60% of its liquidity. The token's price showed no immediate reaction to the allegations, maintaining its position among mid-cap DeFi assets. This development surfaces as regulators globally intensify scrutiny of exchange-linked projects.
