The crypto world is in turmoil after rumors emerged that former #Binance CEO CZ gave evidence against Tron founder #JustinSun in a deal with the US Department of Justice. However, Sun has now denied the allegations.
“I am not aware of the rumors that are being spread. CZ is both my mentor and a close friend,” Sun wrote on X on April 11. He also emphasized his trust in both Zhao and the Department of Justice, saying, “I have full confidence in each and every one of them.”
He has not yet made the allegations public, but CZ warned his 10 million X followers the day before about a “baseless smear article” about him.
However, Sun was determined to defend Zhao. “He played a significant role in supporting me throughout my entrepreneurial journey,” Sun wrote, praising Zhao’s honesty as a standard he strives to emulate.
He also emphasized his partnership with the DoJ through the T3 Financial Crime Unit, which was established in collaboration with Tether and TRM Labs, saying, “We always maintain direct and honest communication, whether it’s with CZ or our partners at the DOJ.
Binance is also in talks with World Liberty Financial, a crypto startup backed by the Trump family, to list a new stablecoin that could generate significant profits.
