Crypto News

Tron’s Justin Sun Breaks Silence Over Binance Rift and Evidence to US DoJ

A WSJ report alleged Binance executives negotiated regulatory re-entry into the U.S. with DoJ while offering evidence against Justin Sun.
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Tron’s Justin Sun Breaks Silence Over Binance Rift and Evidence to US DoJ

Highlights

  • Justin Sun responded by affirming his trust in Binance CEO Changpeng Zhao (CZ) and his transparency with authorities.
  • He also highlighted TRON’s collaborative efforts with the U.S. Department of Justice to safeguard global users.
  • Ahead of the report’s release, CZ dismissed the claims as part of a "baseless hit piece".

Wall Street Journal published a report stating that Binance executives met with US Treasury officials to discuss crypto regulatory oversight and negotiate for their re-entry into the US market. In return, Changpeng Zhao (CZ) would provide the US DoJ executives with evidence related to Tron founder Justin Sun. Responding to it, Sun said that he sees CZ as his mentor and that he has nothing to hide from the authorities.

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Justin Sun Addresses Rumors, Affirms Trust in Binance CEO

Responding to the circulating rumors, Tron founder Justin Sun emphasized his strong ties with Binance CEO Changpeng Zhao (CZ) and the U.S. Department of Justice (DOJ). In a message on the X platform, the Tron founder wrote:

“CZ is both my mentor and a close friend—he has played a crucial role in supporting me during my entrepreneurial journey”.

Sun praised Zhao’s leadership and ethics, calling them “the highest standard I strive to follow as a founder. He also highlighted TRON’s collaborative relationship with the DOJ, describing the department as “one of T3FCU’s closest and most trusted partners”.

The Tron founder assed that the joint efforts between the two parties have focused on protecting global users through various cases. “Whether it’s CZ or our partners at the DOJ, we maintain direct, honest communication at all times. I have full trust in each and every one of them,” Sun affirmed.

Additionally, Justin Sun said that he’s very optimistic about favourable crypto policy initiatives under U.S. President Donald Trump. Also, sharing optimism about TRON’s prospects, stating, “As the President’s earliest crypto choice, TRX is set to be one of the beneficiaries of this success. ALL IN USA!”

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Is WSJ On A Hit Job Against CZ?

Just ahead of the WSJ report, Binance chief Changpeng Zhao shared on X platform, exposing the media platform. He wrote: “Multiple people have told me again WSJ is writing another baseless hit piece about me”.

Last month, a WSJ report also stated that the Trump family was eyeing a stake deal in Binance.US, in return for pardoning CZ from his prison term. CZ later denied the allegations, calling them baseless.

In another development on Friday, the U.S. Securities and Exchange Commission (SEC) and Binance jointly requested a federal judge to extend the pause in their ongoing legal case by an additional 60 days.

The motion comes after both parties described recent talks as “productive discussions,” with the extension intended to allow more time for continued deliberations and potential resolution.

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Bhushan Akolkar

Bhushan is a seasoned crypto writer with over eight years of experience spanning more than 10,000 contributions across multiple platforms like CoinGape, CoinSpeaker, Bitcoinist, Crypto News Flash, and others. Being a Fintech enthusiast, he loves reporting across Crypto, Blockchain, DeFi, Global Macros with a keen understanding in financial markets. 

He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills. Bhushan has a bachelors degree in electronics engineering, however, his interest in finance and economics drives him to crypto and blockchain.

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