TechFlow news, October 29 — According to the New York Post, CZ is considering suing U.S. Senator Elizabeth Warren for defamation after she posted on social platform X following Trump's issuance of a pardon, claiming that CZ had been "convicted of money laundering." CZ's side argues that this statement is highly inaccurate, emphasizing that in 2023 he only entered a guilty plea for violating the Bank Secrecy Act, was never charged with money laundering, and as part of the settlement paid a $50 million fine and stepped down from his position at Binance.
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