Key dealers
- Justin Sun said he trusts CZ after a report on DOJ collaboration against him.
- Binance negotiates with the US Tax Chamber to overcome Federal Surveillance after an obligation in 2023.
Justin Sun, the founder of Tron, has trivialized reports from the Wall Street Journal that binance co -founder Changpeng “CZ” Zhao collaborated with the US Justice Department (DOJ) against him.
The Reportwhich shows up on April 11, claimed that CZ agreed to submit proof of Sun to prosecutors as part of his foundation for breaching laws against money laundering. DOJ reportedly investigated Sun for suspected financial crimes during the Biden administration.
“I am not aware of the circulating rumors. CZ is both my mentor and a close friend – he has played a crucial role in supporting me during my entrepreneurial journey. Until this day his behavior and principles remain the highest standard I strive to follow as founder,” Sun abandoned.
The founder of the faith also emphasized his close collaboration with US authorities and said “The Ministry of Justice has been one of T3FCU’s closest and most reliable partners. Together we have collaborated on many cases aimed at protecting users around the world.”
Sun claimed that his relationship with CZ and DOJ remains professional and transparent.
“Whether it is CZ or our partners at DOJ, we maintain directly, honest communication all the time. I have full confidence in each of them,” pronounced Sun.
“They always try to use rumors to push us apart, to divide us instead of uniting us. Crypto is already a small space – just by standing together we can change everything! We need every single of your votes!” He noted in a separate statement.
Earlier this week, cz, which recently was Appointed strategic advisor to Pakistan Crypto Council, mentioned He had been informed of an upcoming report from the publication that would focus on him.
Several people have told me again WSJ writes another baseless hit piece about me. 4 😂
– cz 🔶 bnb (@cz_binance) April 11, 2025
Binance Courts Trump Bands in Bud to recover our foothold, Eyes StableCoin handles WLFI: WSJ
According to the Wall Street Journal investigation with reference to sources that are familiar with the talks, binance managed us Treasury’s officials last month to drive for reduced federal surveillance, as Crypto Exchange persecutes a return to the US market.
Binance reportedly requested that a US government monitor has been assigned to monitor the company’s compliance with provisions on money laundering, a condition for its Decommissioning $ 4.3 billion With DOJ 2023.
The report also noted that Binance has been in discussions to list USD1A new Stablecoin issued by World Liberty Financial (WLFI), the Defi company supported by the Trump family.
Negotiations indicate a rapidly expanding alliance between Binance and the Trump family as the new administration signals a friendly position towards the digital asset industry. DOJ recently dissolved his crypto crime unit and paused corporate surveillance, moves in line with what internal memos calls the goal of “the end regulation through prosecution.”
WSJ reported last month that representatives of the Trump family were explore taking a share in binance.usAnd that CZ was looking for a president’s pardon.
Cz denied the reportdescribes the allegations as attacks on both the president and the crypto industry.
