CZ Threatens to Sue Senator Warren for Defamation Claims
Former Binance CEO Changpeng “CZ” Zhao is preparing to sue US Senator Elizabeth Warren for alleged defamation.
Warren claimed that CZ
bribed Donald Trump for a pardon and pleaded guilty to money laundering—claims his legal team says are false.
The dispute follows Trump’s controversial pardon of Zhao, which some critics linked to a $2 billion Binance investment tied to Trump’s crypto venture, World Liberty Financial.
At the same time, Zhao warned investors not to buy a new “CZ Statue” meme coin that was launched in his likeness, calling it a
cash grab.
CZ is reportedly preparing to file a libel lawsuit against US Senator Elizabeth Warren over what his legal team claims are false and defamatory remarks linking him to bribery and corruption surrounding his recent presidential pardon by Donald Trump.
Author summary: CZ to sue Senator Warren over defamation claims.
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