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CZ strikes back after receiving a pardon! He angrily criticizes Senator Warren for the false "Money Laundering" allegations and condemns the DOJ for weaponizing against the encryption industry.
After U.S. President Donald Trump announced a pardon for the mainstream CEX founder CZ, anti-crypto Democrat Senator Elizabeth Warren immediately launched a fierce attack, accusing the pardon of being “corrupt” and falsely claiming that CZ had pleaded guilty to money laundering charges. CZ quickly responded on the X platform, refuting her claims about “money laundering” as completely unfounded and pointing out that Senator Warren had publicly declared war on crypto assets before his sentencing. CZ believes that this incident reflects that the U.S. Department of Justice (DOJ) is being “weaponized” to target the crypto industry. Driven by this news, the price of the BNB Token surged 5%, rising back above $1,130.
Senator Warren's “Corruption” Accusations and Misinterpretations of Facts
President Trump’s pardon of CZ has caused a stir in the political arena, particularly facing strong opposition from critics in the crypto industry. This is not just a legal matter, but a fierce confrontation regarding crypto assets regulation and political influence.
Senator Elizabeth Warren publicly accused CZ on the X platform of admitting to “criminal Money Laundering” and receiving a pardon after funding Trump's Stablecoin and lobbying, calling for Congress to unite against this “corruption.” Her remarks aimed to characterize CZ's pardon as a political quid pro quo.
In stark contrast, President Trump defended his announcement of the pardon by stating: “They say what he did doesn't even constitute a crime, it's not a crime… I am granting him a pardon at the request of many good people.” This undoubtedly reflects the political considerations behind the pardon and the power of lobbying in the crypto industry – the power of the people is always reliable.
CZ Strikes Back: Clarifying Charges and the Justice Department's “Weaponization”
In the face of Senator Warren's allegations of factual distortion, CZ made a direct and strong response aimed at clarifying the legal facts and pointing out deeper political motivations.
CZ made it clear that there are “no money laundering charges” among the accusations he faces and criticized the congresswoman for making inaccurate statements about his legal proceedings in public, asking her to “get the facts straight.” This clarification is crucial for maintaining his personal reputation and the compliance image of the industry.
CZ further pointed out that Senator Warren publicly declared war on the crypto industry just five days before his sentencing on national television. He hinted that this incident reflects a possible political exploitation of the U.S. Department of Justice, serving as a tool for “weaponization” against the crypto industry. This open questioning of regulatory motives elevates the incident from a personal legal dispute to the level of industry political games.
Market Reacts Enthusiastically: BNB Price Soars Over 5%
The news of the special pardon not only sparked debates in the political arena but also immediately had a significant positive impact on the crypto market, especially on the native token BNB of the BNB Chain.
Driven by the positive news of CZ's pardon, the BNB Token became one of the biggest risers among Crypto Assets of the day, with a price pump of 5%, and it has regained a foothold at the level of 1,130 dollars. This indicates that the market interprets CZ's pardon as the elimination of operational uncertainties for the mainstream CEX.
BNB has staged a strong rebound so far in 2025, rising more than 100% from a low of $532. The recent pump was accompanied by a 61% surge in trading volume to $5.74 billion, highlighting the strong bullish sentiment among traders, who believe that the ecosystem will continue to develop robustly.
Industry Significance and Future Outlook: Political Barometer
CZ's pardon and the subsequent controversy have made him a key barometer in the power struggle between the crypto industry and U.S. politics, revealing the complexities of the industry's compliance process.
CZ's response on the X platform has received widespread support from the crypto community, reflecting the industry's general dissatisfaction and vigilance against excessive regulation and political oppression. This has also, to some extent, united the community's strength to collectively face external challenges.
The market is still focused on whether CZ will return to the mainstream CEX or participate more broadly in the encryption business as rumored. Regardless, he will continue to be a key figure in shaping the direction of the industry. This incident has also intensified the fierce debate surrounding cryptocurrency regulation and judicial fairness in the current political cycle, indicating that the crypto industry will become more deeply involved in political lobbying.
Conclusion
CZ receiving a presidential pardon is another example of the deep intertwining of American politics and the crypto industry. His strong rebuttal to Senator Warren not only clarified the legal facts but also shifted the focus to the sensitive topic of whether the Department of Justice is “weaponizing” to attack the crypto industry. The pardon has brought obvious market benefits for BNB, further driving up its price. However, this tug-of-war between politics and law is far from over, reminding participants in the crypto industry that geopolitical and regulatory risks remain key variables affecting market sentiment and asset value.
Disclaimer: This article is for news information only and does not constitute any investment advice. The cryptocurrency market is highly volatile, and investors should make cautious decisions.