Binance Founder CZ Denies Plea Deal Allegations, Investor Sentiment Shows Mixed Reactions

Binance founder Changpeng Zhao (CZ) vehemently denied allegations of a plea deal in ongoing investigations. He refuted the claims through a statement on his official Twitter account on October 23, 2023, emphasizing Binance’s commitment to transparency amidst legal scrutiny.

The CEO’s denial aims to counter misinformation regarding his alleged involvement and reaffirm Binance’s adherence to regulatory requirements.