Table content
- **CZ Refutes Discussions Regarding Binance Ownership with US Government in Return for Clemency**
- >🚨 Urgent: According to the *Wall Street Journal*, CZ has been lobbying the Trump administration for a pardon:
- >— *Walter Bloomberg (@DeItaone) March 13, 2025*
- >— CZ 🔶 BNB (@cz_binance) March 13, 2025
- **CZ Dismisses Assertions of Binance Ownership Talks**
- “Regretfully, I must disappoint,” he posted on social media. “The WSJ article is incorrect.”
- Here’s what CZ has been engaged in lately:
Alright, here’s a more naturally worded rendition of the passage, bearing in mind the subtleties and possible consequences:
**CZ Refutes Discussions Regarding Binance Ownership with US Government in Return for Clemency**
*Note: The writer’s viewpoints are personal and do not represent U.Today’s position. U.Today offers market and monetary data solely for informational purposes. U.Today is not responsible for monetary damages resulting from cryptocurrency trading. Seek guidance from a monetary professional and conduct your own investigation prior to making investments. We think all material is correct as of the date of release, however, certain deals mentioned may no longer be valid.*
Changpeng Zhao (CZ) used X (previously Twitter) to criticize a *Wall Street Journal* piece alleging he was advocating for a presidential forgiveness.
The *WSJ* also implied that World Freedom Financial Corp, supported by Donald Trump, was in discussions to obtain a share in Binance. The newspaper even displayed a side-by-side image of Zhao and Trump, suggesting some type of discussion was in progress. Kiyosaki: Global Economy Declining, Predicts Bitcoin at $200,000
>🚨 Urgent: According to the *Wall Street Journal*, CZ has been lobbying the Trump administration for a pardon:
>— *Walter Bloomberg (@DeItaone) March 13, 2025*
>4. Regretfully, I must disappoint. The WSJ article is incorrect.
>More than 20 individuals informed me that they were questioned by WSJ (and another media outlet), asking if they could confirm CZ had an agreement for a pardon.
>They likely contacted hundreds of individuals in order for 20 of them to reach out to me. In… https://t.co/ELyDPmKD3G Toncoin (TON) Value Forecast for March 26th
>— CZ 🔶 BNB (@cz_binance) March 13, 2025
**CZ Dismisses Assertions of Binance Ownership Talks**
Zhao, who reportedly still holds a 90% ownership in Binance, has refuted any discussions with the US government regarding this matter. He also denied requesting a legal pardon from the president in this manner.
“Regretfully, I must disappoint,” he posted on social media. “The WSJ article is incorrect.”
CZ, also recognized as Changpeng Zhao, asserts that The Wall Street Journal reached out to “hundreds of individuals, perhaps even 20,” in an attempt to make contact with him. According to CZ, these individuals kept him informed about all the unfolding events.
The erstwhile Binance CEO affirmed that he never engaged in discussions regarding the Binance US agreement with anyone to secure a presidential pardon, stating: “Reality: I have not deliberated the Binance US arrangement with anybody.”
CZ remarked on The Wall Street Journal’s article, expressing, “Essentially, they are simply attempting to concoct a narrative for their reporting.”
Zhao acknowledged that he would welcome a pardon, but he suggests the piece appears driven to criticize the president and digital currency, which he attributes to the prior government: “The vestiges of the past government’s conflict against digital currency still wield sway.”
Here’s what CZ has been engaged in lately:
He has initiated his online educational charitable venture known as Giggle Academy, which endeavors to instruct disadvantaged youngsters in English, mathematics, and blockchain technology.
As a reminder, CZ resided in the United States for a span of four months, from May to September of the preceding year, owing to purported breaches of the Bank Secrecy Act. Nevertheless, he was compelled to resign from his position as Binance CEO, with Richard Teng succeeding him in November 2023.
In recent times, CZ also disseminated an update concerning the book he is currently authoring. Last year, before commencing his sentence, he conveyed via Twitter that he would possess ample leisure time and might undertake the task of writing a book.
CZ conveyed his enthusiasm to “contribute to the advancement of digital currency globally, encompassing the United States and the remainder of the world.”