Justin Sun Clarifies His Stance on DOJ Rumors: Defending CZ and Strengthening Crypto Bonds

Justin Sun has publicly responded to recent rumors linking Binance’s founder, Zhao, with the U.S. Department of Justice. These rumors suggested that CZ cooperated with the DOJ against Sun as part of his plea deal regarding financial crimes. Sun was quick to dismiss these claims. He posted on X that he had no knowledge of the rumors. He emphasized his strong relationship with CZ, calling him a mentor and a close friend. He says CZ has always been supportive of his entrepreneurial journey and set a high standard for integrity.

I’m not aware of the circulating rumors. CZ is both my mentor and a close friend—he has played a crucial role in supporting me during my entrepreneurial journey. To this day, his conduct and principles remain the highest standard I strive to follow as a founder.

At the same…

— H.E. Justin Sun 🍌 (@justinsuntron) April 12, 2025

“I trust CZ fully. His principles are the highest I strive to follow as a founder,” Sun stated. He also addressed the DOJ, praising them as a reliable partner in their shared mission to combat financial crimes.

Justin Sun’s Confidence in the DOJ and CZ

Justin Sun’s defense came in response to a Wall Street Journal report alleging that CZ had agreed to provide information against Sun in exchange for a lighter sentence. Despite these reports, Sun maintained that he and CZ have always maintained open and honest communication with the DOJ. He also expressed confidence that these rumors were just a ploy to create division in the crypto space.

Interesting nugget in the WSJ story that Binance is seeking to get Treasury to remove the monitor appointed to oversee them

They report that as part of CZ’s plea deal, he agreed to give evidence on Justin Sun pic.twitter.com/53z05J9M7O

— db (@tier10k) April 12, 2025

In his statement, He highlighted that such rumors are harmful to the unity of the crypto industry. “Crypto is already a small space. We need to stand together to make a real impact,” he said. He believes that attacks like these aim to divide key players in the market, but he remains resolute in his support for CZ.

CZ’s Response: A Denial of the WSJ Report

Changpeng Zhao, in response to the WSJ report, also denied the allegations. He took to X to label the report as a “baseless attack.” He has been vocal in the past about his issues with WSJ’s reporting, calling their previous articles “pure fabrication.”

Multiple people have told me again WSJ is writing another baseless hit piece about me. 4 😂

— CZ 🔶 BNB (@cz_binance) April 11, 2025

Zhao’s swift denial reflects his efforts to protect his reputation, especially in light of ongoing legal battles with authorities. Despite facing regulatory challenges, His stance is clear: he believes the rumors about his cooperation with the DOJ are unsubstantiated.

The Bigger Picture Binance’s US Struggles

While Sun focused on clearing CZ’s name, the backdrop to this drama involves Binance’s struggles in the U.S. market. The exchange is currently working on reducing federal oversight after its $4.3 billion settlement with the DOJ in 2023. Binance is also reportedly in talks with the Trump-backed World Liberty Financial over a potential stablecoin deal. These efforts signal its push to regain footing in the U.S. despite regulatory pressures.

CZ’s recent legal challenges and the rumors surrounding his alleged cooperation with the DOJ highlight the increasing scrutiny on Binance. Sun’s defense of CZ comes at a time when the crypto industry faces heightened regulatory challenges.

In conclusion, Justin Sun’s response to the DOJ rumors shows his unwavering support for Changpeng Zhao. Despite the circulating speculations, he believes that the relationship between him, CZ and the DOJ remains professional and trustworthy. The crypto community will be watching closely to see if these rumors affect the ongoing efforts of Binance and TRON in the market.