$BNB CZ Considers Defamation Suit Against Senator Warren
> Last week, Democratic Senator Elizabeth Warren alleged that Changpeng "CZ" Zhao had pled guilty to money laundering charges and was subsequently pardoned following his involvement with a stablecoin linked to President Donald Trump.
> CZ's legal representatives have countered this claim, asserting that he was never convicted of money laundering. Instead, they state that he only pleaded guilty to charges related to inadequate Anti-Money Laundering (AML) controls at Binance.
> They plan to issue a formal demand letter requiring Senator Warren to retract her statement or face legal action.