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CZ claps back against ‘baseless’ US plea deal allegations

cryptoweekly by cryptoweekly
April 12, 2025
in bitcoin, News
0

Former Binance CEO Changpeng Zhao denied reports that he agreed to testify against Justin Sun, calling the WSJ story baseless and politically motivated.

Changpeng “CZ” Zhao, former CEO of Binance, has denied claims that he agreed to provide evidence against Tron founder Justin Sun as part of a plea deal with the United States Department of Justice (DOJ).

In an April 11 report, The Wall Street Journal cited unnamed sources alleging that CZ had agreed to testify against Sun under the terms of his settlement with US prosecutors.

“As part of Zhao’s plea deal, he agreed to give evidence on Sun to prosecutors,” an “arrangement” that “hasn’t previously been reported,” the WSJ report stated, citing sources familiar with the matter.

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  • Galaxy Digital approved for US domicile, clearing way for Nasdaq listing
  • Bitcoin hits $103K but DeFi is a mixed bag: Finance Redefined
  • Chance of Bitcoin price highs above $110K in May increasing — Here’s why
  • Is Bitcoin about to go parabolic? BTC price targets include $160K next
  • AI's GPU obsession blinds us to a cheaper, smarter solution
  • Why crypto’s next breakthrough could start in the classroom — Animoca’s Yat Siu
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