Changpeng Zhao (CZ), the founder of Binance, has just spoken out to completely refute the information about the agreement between Binance US and former President Donald Trump. At the same time, CZ also criticized the article of the Wall Street Journal (WSJ) for providing inaccurate information.

As Allinstation has reported, previously, the WSJ reported that representatives of President Donald Trump's family had conducted negotiations to buy back financial shares in the Binance branch in the US (Binance US). If this transaction is successful, the Trump family will have a direct business relationship with the world's largest cryptocurrency exchange - a company that has previously been involved in serious legal issues.

On the X platform, CZ emphasized:

"Sorry if I disappointed anyone, but the WSJ article is completely untrue. More than 20 people have told me that the WSJ and some other news agencies have asked them, 'Can you confirm that CZ has made a deal to be pardoned?'

They may have contacted hundreds of people to find 20 people to talk to me. In fact, they are deliberately fabricating a story to publish.

The truth is: I have never discussed any deal related to Binance US or anyone else.

No one who has committed a crime would refuse a pardon, especially when I am the first in US history to be sentenced to prison solely for a single BSA violation.

This article seems to be aimed at the President, cryptocurrency, and the anti-crypto forces in the previous administration that still have influence.

I have always supported the development of cryptocurrency, whether in the US or globally. Even the WSJ thinks I should be pardoned - that's interesting."

CZ's statement directly contradicts the report from the WSJ, which implied that Binance US may be involved in political deals. According to Zhao, this is an effort to fabricate information and there have never been any negotiations with Trump or his associates.