CZ Minimizes report on collaboration with the US government against Justin Sun

By Hannah Pérez

Both Changpeng Zhao and Justin Sun denied the Wall Street Journal report, which alleges that Binance co -founder cooperated with the Department of Justice in an investigation against SUN.

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• Changpeng Zhao, founder of Binance, rejects another you see a Wall Street Journal report.
• The story alleges that CZ collaborated with US prosecutors in an investigation against Justin Sun.
• The founder of Tron also denied the information, pointing out his proximity to CZ.

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Changpeng Zhao, the co -founder and former CEO of Binancehas minimized recent information about its alleged collaboration with the Prosecutors of the United States Government against the co -founder of TronJustin Sun.

On Friday, a report of Wall Street Journal He claimed that Zhao, better known for his nickname ‘CZ’, would have cooperated with the US Department of Justice. providing tests against as part of a guilt agreement.

Zhao and Binance They were previously subject to investigation by the Department of Justice (DOJ). In November 2023, the exchange and his former CEO admitted having violated the laws against money laundering, among other rules. Binance It was fined a historic figure for USD $ 4.3 billion and Zhao spent four months in prison.

According to reports, the Department of Justice investigated SUN for alleged financial crimes under the administration of Biden.

The story, which cites people familiar with the matter, details the alleged efforts of Binance To reduce the supervision of the United States federal agencies on exchange as ties pursues with the cryptocurrency business backed by President Donald Trump, World Liberty Financial.

The report alleges that Zhao provided assistance to US prosecutors in their investigations against Sun, who faces the separate scrutiny of the DOJ and the US stock and values ​​commission. UU. (SEC).

Zhao and Sun deny the WSJ report

Both involved in history denied the allegations.

“Many people have told me again that the WSJ is writing another without foundation about me“Zhao wrote in X.

Last month, that same newspaper had reported that Trump’s family representatives were exploring to take a participation in Binance.us And that CZ was looking for a presidential forgiveness, information that the co -founder of Binance He denied, describing the accusations as attacks both to the president and the cryptocurrency industry.

Also the co -founder of Tron He rejected the information, mentioning both his closeness with Zhao and his previous collaborations with the Department of Justice.

“I am aware of the circulating rumors. CZ is my mentor and a close friend – he played a crucial role in supporting me during my business trip. To this day, their behavior and principles remain the highest standard that I effort to continue as a founder”, Said Sun on the other hand in the social network.

Added “that the Department of Justice has been one of the closest and most confidence partners. Together, we have collaborated in numerous cases aimed at protecting users around the world”, While he said that his relationship with both CZ and the US government is professional and transparent.

The alleged ties of Binance With Trump

According to the investigation of Wall Street Journal The executives of Binance They met with United States Treasury officials last month to press for a reduced federal supervision, since the exchange pursues a return to the US market.

According to reports, Binance He would have requested the elimination of a United States government monitor assigned to supervise compliance with the regulations against money laundering by the company, a condition of its agreement with the DOJ.

The report also pointed out that Binance has been in discussions to list USD1, a new Stablecoin issued by World Liberty Financialthe company defi backed by Trump that also has the support of Sun.

The negotiations suggest a rapid expansion alliance between Binance and Trump’s family, as the new administration indicates a friendly position towards the digital asset industry.

The Department of Justice recently dissolved its cryptocurrency compliance unit and arrested corporate monitoring, in response to an internal and in line with the broader position of the incoming administration.

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Hannah Estefanía Pérez / Diariobitcoin

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