Justinsan downplays the WSJ report that CZ is working with DOJ against him

Key takeout

Justin Sun said he trusted CZ after reporting DOJ’s cooperation with him. Binance is negotiating with the US Treasury Department to overcome federal surveillance after a 2023 guilty plea.

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Tron founder Justin Sun has downplayed a report from the Wall Street Journal that Binance co-founder Changpeng “CZ” Zhao worked on him with the US Department of Justice (DOJ).

The report, which surfaced on April 11, allegedly CZ agreed to provide evidence regarding the sun to prosecutors as part of a plea deal that violated the anti-money laundering law. The DOJ reportedly investigated the Sun due to suspected financial crimes under the Biden administration.

“I am unaware of the circulating rumors. CZ is my mentor and close friend. He has played an important role in supporting me during my entrepreneurial journey. To this day, his actions and principles remain at the highest standards he strives to follow as a founder,” Sun said.

The Tron founder also highlighted close cooperation with US authorities, saying, “The Department of Justice is one of the closest and most trusted partners of T3FCU. Together, we have worked together in many cases aimed at protecting users around the world.”

Sun argued that the relationship between CZ and DOJ remains professional and transparent.

“Whether it’s a CZ or a partner at DOJ, we always maintain direct and honest communication. I fully trust each and every one of them,” Sun said.

“They try to drive us to separate us rather than using rumors all the time. The code is already a small space. You can stand together and change everything! He pointed out in another statement.

Earlier this week, CZ, who was recently appointed strategic advisor to the Pakistan Crypto Council, said he was informed of upcoming reports from a publication focused on him.

Several people told me again. WSJ writes another unfounded hit about me. 4

– CZBNB (@CZ_BINANCE) April 11, 2025

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According to a study by the Wall Street Journal, who is well-versed in consultations, Binance executives met with US Treasury officials last month to call for a reduction in federal oversight as Crypto Exchange pursues a return to the US market.

Binance reportedly requested the removal of the US government monitors assigned to oversee compliance with anti-money laundering regulations, a condition of the $4.3 billion settlement with DOJ in 2023.

The report also noted that Binance was featured in a discussion to list USD1, a new Stablecoin, published by World Liberty Financial (WLFI), a Trump family-supported Defi Venture.

The negotiations suggest a rapidly expanding alliance between Binance and the Trump family, as the new administration shows a friendly stance towards the digital asset industry. DOJ recently dissolved its crypto crime unit, suspending corporate surveillance, moving in line with what internal memos call the goal of “end of regulations by the prosecutor.”

The WSJ reported last month that the Trump family representatives were exploring stakes in Binance.us, and that CZ is seeking a presidential pardon.

The CZ denied the report, describing the allegations as an attack on both the president and the crypto industry.

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