CZ REFUTES WSJ CLAIMS OF ACTING AS AN INTERMEDIARY!

Changpeng Zhao (CZ), the founder of Binance, has refuted claims by The Wall Street Journal (WSJ) that he agreed to act as an intermediary and provide evidence against Justin Sun, the founder of Tron, as part of his plea deal. CZ took to social media to deny these allegations, calling them "baseless" and stating that someone had likely paid WSJ employees to smear him.

Key Points:

Denial of Allegations:CZ denies cooperating with US prosecutors to offer evidence against Justin Sun.

Previous Disputes: This isn't the first time CZ and WSJ have clashed; CZ previously denied WSJ claims about Binance negotiating with the Trump family for a possible deal.

Justin Sun's Response:Sun has called the allegations "baseless" and expressed strong public support for CZ, referring to him as a mentor and close friend.

Plea Deal Context:CZ pleaded guilty to violating anti-money laundering laws and agreed to pay a $50 million fine. He was also barred from involvement in Binance for three years .

CZ's denial comes amid heightened scrutiny of cryptocurrency exchanges and their regulatory compliance. The controversy highlights the complex relationship between cryptocurrency leaders and the media, with CZ accusing WSJ of launching "another baseless attack" against him .#BinancelaunchpoolHuma #MarketPullback #ETHMarketWatch $BNB