Binance founder Changpeng 'CZ' Zhao is preparing to sue U.S. Senator Elizabeth Warren for defamation following her inaccurate claim that he pleaded guilty to money laundering. Warren’s post on social media came after President Donald Trump granted CZ a pardon, sparking a heated political dispute. While CZ admitted to compliance failures related to anti-money laundering protocols, he was never convicted of money laundering itself. CZ's legal team demands a retraction, emphasizing the damage caused to his reputation. This clash highlights ongoing tensions surrounding crypto regulation, presidential pardons, and claims of political corruption tied to the crypto industry.
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Binance Founder CZ Threatens Legal Action Against Senator Warren Over False Money Laundering Allegations
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