Binance Founder CZ Denies WSJ Report on DOJ Deal Involving Justin Sun
Binance founder Changpeng Zhao (CZ) has refuted a Wall Street Journal (WSJ) report alleging he agreed to testify against TRON’s Justin Sun as part of his plea deal with the U.S. Department of Justice (DOJ). CZ dismissed the claims as ’baseless,’ while the report also highlighted Binance’s efforts to influence Treasury oversight.
Binance Founder Denies DOJ Deal to Testify Against Justin Sun
The crypto spotlight is back on Binance founder Changpeng Zhao (CZ), as a new Wall Street Journal (WSJ) report claims he agreed to provide evidence against TRON founder Justin Sun as part of his plea deal with the U.S. Department of Justice (DOJ). CZ has slammed the WSJ for publishing what he calls another “baseless” attack. Additionally, the report mentions Binance’s attempt to persuade the Treasury to remove the appointed monitor overseeing them.
Binance Lawsuit Paused 60 Days as SEC Focuses on New Crypto Task Force
The ongoing legal battle between the U.S. SEC and Binance has been officially paused for another 60 days. This move comes after what both sides have described as “productive discussions.” The focus is now shifting to how the SEC’s newly established crypto task force could impact the outcome of the case and the broader digital asset industry. The SEC and Binance jointly asked the court to pause the case against the exchange, citing “productive” talks partly tied to the Crypto Task Force.