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Crypto•14 April 2026•

1 min read

Binance Founder CZ Alleges U.S. Rivals Funded Efforts to Block Legal Pardon

Key Facts

1Changpeng Zhao (CZ) claimed that U.S. crypto rivals paid millions of dollars to block his potential pardon.

2Zhao alleged that rival firms funded 'smear articles' because they opposed Binance conducting business in the United States.

Changpeng Zhao (CZ), the founder of Binance, has leveled serious allegations against his U.S. crypto industry rivals, claiming they spent millions of dollars to lobby against a potential legal pardon for him. Zhao further alleged that these competitors funded smear campaigns and negative media coverage to oppose Binance's operations within the United States. These claims emerge amidst a shifting regulatory landscape, following the SEC's recent decision to dismiss cases against several major exchanges. Analysts suggest that such allegations underscore the intense corporate and political infighting currently defining the American digital asset sector. While the claims highlight significant industry friction, they are viewed as personal allegations with no immediate legal or regulatory repercussions. Market participants are closely monitoring the impact of these tensions on instruments like BNB and COIN as the competitive landscape evolves.