Binance CEO Plans Lawsuit Against Senator Warren for Defamation

Binance CEO Changpeng Zhao (CZ) is preparing to sue Senator Elizabeth Warren for libel, claiming she made false and defamatory statements about his criminal record following a pardon from President Donald Trump. Sources indicate that CZ’s legal team has drafted a letter demanding a public retraction from Warren or face a lawsuit. The dispute centers on a post Warren made on X that Zhao contends misrepresents the nature of his plea agreement with U.S. authorities for a regulatory offense related to failing to maintain an effective anti-money-laundering program during his time at Binance. 2023.