Binance founder Changpeng “CZ” Zhao is preparing to sue US Senator Elizabeth Warren for defamation, his legal team says, after she criticized his recent pardon by US President Donald Trump.

According to reports , lawyers for CZ have sent a letter demanding a retraction of a social media post that accused him of pleading guilty to money laundering and of “buying” a pardon.

Legal Threat Looms

Zhao’s attorney, named in coverage as Teresa Goody Guillén of Baker & Hostetler, told media outlets that a public retraction is being sought and that a lawsuit is likely if Warren does not correct her post.

Based on reports, the legal notice argues that Warren’s phrasing wrongly equates Zhao’s guilty plea with a money-laundering conviction and harms his reputation.

In 2023, Zhao pleaded guilty

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