The post CZ Breaks Silence on Pardon Rumors, Denies Any Deal with WLFI appeared on BitcoinEthereumNews.com.

Former Binance CEO Changpeng “CZ” Zhao denies a pardon deal with WLFI. He refutes reports linking Binance’s support for a Trump-linked crypto venture to his October 2025 pardon. Former Binance CEO Changpeng “CZ” Zhao has broken his silence. He has firmly denied any deal with World Liberty Financial (WLFI). This denial is in the midst of rumors of a presidential pardon from Donald Trump. As a result, CZ denied allegations made against it of a quid pro quo. CZ and Teng Refute “Categorically False” Claims Zhao as well as current Binance CEO Richard Teng have both responded to the allegations. They denied claims that Binance had backed the Trump-connected crypto operation. This so-called aid was apparently on the condition of the pardon. Related Reading: Crypto News Today: Binance Denies Allegations of Backing Trump Family Crypto Projects | Live Bitcoin News CZ said in an interview that he had met Eric Trump once. This meeting happened at a Bitcoin conference in Abu Dhabi. However, he refused to have a pardon by making a deal with WLFI. “That is totally wrong,” CZ said. “There was no negotiation and no dialogue.” There never was a negotiating process. He stated, “I have no business connection with WLFI.” Therefore, he loudly rejected any such arrangement. President Donald Trump pardoned Changpeng Zhao in October 2025. Zhao had pleaded guilty in 2023. One of his pleas involved not having an effective anti-money laundering program at Binance. So the pardon set out instant speculation. These claims were encouraged by reports from the Wall Street Journal, among others. They alleged that WLFI had been supported by Binance. This cryptocurrency venture is linked to the Trump family. Specifically, an investment worth $2 billion with the United Arab Emirates’ Abu Dhabi based MGX was reported. The contract was allegedly negotiated using…

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Filed under: News - @ November 8, 2025 6:32 am