Justin Sun of Tron Discloses Information to the US DoJ Regarding Binance Rift
According to a Wall Street Journal article, Binance executives met with US Treasury officials to negotiate their re-entry into the US market and talk about crypto regulatory control. Changpeng Zhao (CZ) would give the US DoJ officers evidence about Justin Sun, the founder of Tron, in exchange. In response, Sun declared that he had nothing to conceal from the authorities and views CZ as his mentor.
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
In addition to being my close friend and mentor, CZ has been instrumental in helping me along the way as an entrepreneur. Sun referred to Zhao’s ethics and leadership as “the highest standard I strive to follow as a founder” and commended them. Additionally, he emphasized TRON’s cooperative connection with the DOJ, calling it “one of T3FCU’s closest and most trusted partners.”
According to the founder of Tron, the two sides have been working together to protect users worldwide through a number of incidents. We always communicate openly and honestly, whether it’s with CZ or our DOJ partners. I have complete faith in all of them,” Sun declared.
Justin Sun added that he has high hopes for positive crypto policy measures under US President Donald Trump. Additionally, expressing hope for TRON’s future, he said, “TRX is poised to benefit from this success as the President’s first cryptocurrency pick.EVERYWHERE IN THE USA!
Against CZ, is WSJ on a hit job?
Changpeng Zhao, the CEO of Binance, revealed the media platform on X platform just before the WSJ publication. “Many people have informed me once more that WSJ is writing another baseless hit piece about me,” he said.
The Trump family was also considering a share deal in Binance, according to a WSJ article last month.US, in exchange for CZ’s prison sentence being lifted. Later, CZ called the accusations “baseless” and refuted them.
In a separate move on Friday, Binance and the U.S. Securities and Exchange Commission (SEC) asked a federal judge to prolong the halt in their continuing legal dispute by an extra sixty days.
The extension is meant to give additional time for further conversations and possible resolution, and the motion follows both parties’ descriptions of previous meetings as “productive discussions.”
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