CZ Fires Back: Binance Founder Denies Allegations, Prepares Legal Action Against Elizabeth Warren
Binance founder Changpeng Zhao (CZ) isn't backing down. After facing what he calls 'false claims' from Senator Elizabeth Warren, the crypto titan is gearing up for a legal showdown.
The move comes as Washington's war on crypto escalates—though some might say politicians are just now discovering blockchain exists. CZ's counterattack could set a precedent for how the industry pushes back against regulatory overreach.
While Warren's office cites 'consumer protection concerns,' crypto veterans see yet another case of legacy finance players trying to regulate what they don't understand. The lawsuit threat adds fuel to an already fiery debate about innovation versus oversight in digital assets.
One thing's certain: When a senator picks a fight with a man who built a crypto empire from scratch, she'd better come prepared. The blockchain doesn't forget—and neither do its most powerful champions.
Binance Founder CZ Changpeng Zhao plans to file a defamation lawsuit against U.S. Senator Elizabeth Warren for allegedly spreading false claims linking him to money laundering after Trump’s presidential pardon. Read More
