BitcoinSistemi 2025-04-15 05:17:06

Binance Founder CZ Responds to Allegations Against Him in China – They Claimed He Was Working With FED

Binance founder Changpeng Zhao (CZ) has bluntly denied conspiracy-laden rumors circulating on Chinese social media, calling them “nonsense” and accusing influencers of spreading misinformation for fame. In a pointed response to a claim by Chinese cryptocurrency commentator Liang Xi that CZ “works for the Fed,” Zhao addressed the allegations on X (formerly Twitter). “This is ridiculous,” CZ said. “This Chinese influencer says I worked for the FED and I’ve never been to jail. How I wish this were true. There’s a saying among Chinese influencers: make up a story about Binance or CZ and get a lot of attention. Today this guy got 119,000 listeners on X Spaces with this rumor.” Related News: FED Member Waller Shares Two Scenarios for the US Economy: One with Faster Rate Cuts and the Other with the Possibility of Holding Rates Steady These comments come after a report by the Wall Street Journal, citing unnamed sources, claimed that Zhao had agreed to testify against Tron founder Justin Sun as part of a plea deal with US prosecutors. The Wall Street Journal claimed that CZ had provided information to prosecutors about Justin Sun. CZ again denied the report, saying: “They seem to forget who goes to jail and who doesn't. People who are government witnesses don't go to jail. They are protected. I heard someone paid WSJ staff to smear me.” *This is not investment advice. Continue Reading: Binance Founder CZ Responds to Allegations Against Him in China – They Claimed He Was Working With FED

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