Justin Sun, founder of Tron, responded to allegations regarding Binance and potential cooperation with the Department of Justice (DOJ). He vehemently denied these claims, emphasizing his trust in Binance CEO Changpeng Zhao (CZ) and calling him a mentor who adheres to high standards. Both Sun and CZ have publicly refuted the accusations of involvement with the DOJ. 🤝 The incident underscores ongoing challenges within the cryptocurrency sector as regulatory scrutiny and market controversies persist. Sun’s response highlights the intricate nature of the relationship between cryptocurrency exchanges and regulators, emphasizing potential impacts on investor confidence in stablecoins. Despite the allegations, no significant price changes were directly linked to the news. Market observers remain watchful for shifts in regulatory approaches, noting historical precedents of increased volatility during similar events. 📈