CZ Hits Hard at Senator Warren after Fierce Fraud Accusations

Crypto Economy🟢 positive
CZ Hits Hard at Senator Warren after Fierce Fraud Accusations

TL;DR Changpeng Zhao (CZ) accuses Senator Warren of misinterpreting his case and leading a “war on crypto.” Warren criticized Trump's pardon of CZ, accusing the Binance founder of money laundering and corruption. BNB's price reacted with a 5% rise, surpassing $1,130 after the news of the presidential pardon.

Article Summary

**CZ Fires Back at Senator Warren Following Presidential Pardon and Fraud Allegations** Former Binance CEO Changpeng Zhao (CZ) has launched a fierce counterattack against Senator Elizabeth Warren after receiving criticism following his presidential pardon. The cryptocurrency exchange founder accused Warren of deliberately misrepresenting his legal case and spearheading an aggressive "war on crypto" campaign that threatens blockchain innovation. Senator Warren strongly condemned Trump's decision to pardon CZ, leveling serious accusations of money laundering and corruption against the Binance executive. The political tension highlights the ongoing regulatory battle between traditional lawmakers and the cryptocurrency industry. Markets responded positively to the pardon news, with BNB token surging 5% to breach the $1,130 resistance level. This price movement demonstrates investor confidence in Binance's future prospects despite regulatory headwinds. The clash between CZ and Warren represents a broader ideological divide over cryptocurrency regulation, DeFi protocols, and blockchain adoption in the United States. As Bitcoin and digital assets gain mainstream acceptance, political battles over crypto policy continue to influence market sentiment and token valuations across major exchanges.

Article Details

Source
Crypto Economy
Published
October 24, 2025 at 11:42 AM
Sentiment
🟢 positive
Type
Article
Category
bitcoin
Topics
Market

Related Articles