Binance CEO Changpeng Zhao refuted Wall Street Journal reports suggesting a plea deal involving testimony against Justin Sun. Both figures dismissed these claims as unfounded. Notably, no significant impact on the cryptocurrency market has been observed, and trading in both Binance and TRON tokens continued within normal ranges. Zhao attributed this dismissal to his track record as someone who cooperates with authorities without going to prison after becoming a witness. Sun emphasized his close relationship with Zhao and highlighted his belief in his integrity, stating, “I’m not aware of the circulating rumors. CZ is both my mentor and a close friend. Only by standing together can we change everything.