CZ Claps Back at Warren’s Commentary Following Trump Pardon

Binance founder Changpeng Zhao (CZ) has responded strongly to recent claims made by ￰0￱ Elizabeth ￰1￱ exchange comes after President Donald Trump pardoned Zhao, who had previously pleaded guilty to willfully failing to implement an adequate anti-money laundering (AML) program at ￰2￱ Slams CZ Pardon as Corruption Warren condemned the pardon, saying that CZ had pleaded guilty to a criminal money laundering charge and had been sentenced to ￰3￱ also claimed that he had financed Trump’s stablecoin before asking the president for clemency. “If Congress does not stop this kind of corruption, it owns it,” she ￰4￱ comments follow scrutiny over Zhao’s ties to Trump-linked crypto ￰5￱ to The Wall Street Journal, he and his associates had backed initiatives related to these projects before his lobbying ￰6￱ has since fired back against the claims, accusing her of misrepresenting the nature of the charges against ￰7￱ noted that “a ￰8￱ can’t get her facts right, in a public post about a person’s charge,” and emphasized that “there were NO money laundering charges.” He added that the DOJ was politically biased, suggesting that the case against him was influenced by the Biden administration’s stance on crypto ￰9￱ had pleaded guilty to violating the Bank Secrecy Act (BSA) and served a prison sentence tied to Binance’s compliance ￰10￱ Thursday, President Trump granted him a full pardon, erasing the conviction and restoring his civil ￰11￱ Knowledge Allegations Warren was not the only one stirring controversy following the latest ￰12￱ of the X crypto community pointed to a HyperLiquid whale who previously made headlines for shorting the market ahead of President Trump’s tariff announcement, netting around $190 ￰13￱ same trader, allegedly linked to a Polymarket account named “bigwinner01,” reportedly placed a huge bet that CZ would be pardoned in 2025, earning more than $56,000.

On-chain analysts have traced wallet activity and noted the timing of the market short and the ￰14￱ individuals are calling it “obvious insider knowledge,” while others argue that the pardon was unsurprising given Zhao’s lobbying efforts and connections to Trump-linked crypto ventures. Meanwhile, some people agree with the senator’s ￰15￱ Nick O’Neill said the pardon was a bad sign for the industry. “CZ at this point can get away with literally anything,” he said, adding that Trump was letting his allies off the hook as long as they help him get rich. A longtime supporter of crypto, O’Neill stressed the urgent need for a clear regulatory framework in the U.

S., calling the situation a clear sign of corruption.