Binance and TRON Respond to WSJ Report on Alleged Collaboration

Binance founder Changpeng Zhao (CZ) and TRON founder Justin Sun have swiftly addressed a recent Wall Street Journal (WSJ) report alleging a collaboration between CZ and US prosecutors against Sun. The report claimed that CZ presented evidence implicating Sun as part of a plea deal in 2023, with sources citing the agreement’s connection to Binance’s effort to reduce regulatory pressure within the United States. CZ refuted these claims on social media, stating multiple sources reported the WSJ article was baseless and unfounded. Meanwhile, Sun, who is currently under investigation by both the SEC and DOJ for potential securities fraud, responded that he knew of no such collaboration with CZ and accused those spreading rumors of attempting to separate them.