Many in Congress are scrutinizing Donald Trump’s presidential pardon of Changpeng Zhao, but Senator Elizabeth Warren’s comments drew attention from the former Binance CEO.
Former Binance CEO Changpeng “CZ” Zhao is reportedly considering filing a libel suit against Massachusetts Senator Elizabeth Warren over claims related to him allegedly bribing US President Donald Trump for a pardon.
According to a Tuesday New York Post report, Zhao’s lawyer, Teresa Goody Guillén, a partner at Baker & Hostetler, said the former Binance CEO plans to file a lawsuit unless Warren retracts claims she made in an Oct. 23 X post following his presidential pardon.
The social media post, which now includes context from readers, claimed CZ “pleaded guilty to a criminal money laundering charge,” leading to his four-month prison sentence in 2024. Zhao pleaded guilty to one charge related to his failure to maintain an effective Anti-Money Laundering program at Binance in November 2023 — a violation of the Bank Secrecy Act.
