Altcoins News

Story: Binance Founder’s Defamation Threat Rebuffed by Warren’s Legal Team

By MikeT

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Warren’s Lawyers Stand Firm on Truthful Reporting. Warren’s attorneys from the Elias Law Group issued a letter dated November 2, 2025, defending the…

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Zhao’s Legal Team Alleges Misrepresentation. The disagreement began on October 28, when Zhao’s attorney, Teresa Goody Guillén, accused Warren…

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Protected Speech and Political Immunity. Stafford also noted that Warren’s post is protected under the U.S.

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Broader Tensions Between Lawmakers and Crypto Industry. This dispute underscores the ongoing tension between U.S. policymakers and leading crypto figures.

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Crypto Community Reacts. The crypto community has reacted with mixed opinions to the exchange.

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Conclusion. As the standoff continues, it appears unlikely that Zhao’s legal team will move forward with a…

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Senator Elizabeth Warren’s legal team has pushed back strongly against a defamation threat from Binance founder Changpeng “CZ” Zhao, calling his claims baseless and reaffirming…

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Warren’s attorneys from the Elias Law Group issued a letter dated November 2, 2025, defending the senator’s post on social media platform X, where she commented on Zhao’s guilty…

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According to Stafford, Zhao “pleaded guilty to money laundering and was sentenced to prison,” facts that were confirmed by federal court documents in United States v.

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“The Department of Justice publicly stated that Mr. Zhao’s conduct violated the nation’s first and most comprehensive anti–money laundering statute,” Stafford wrote.

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The disagreement began on October 28, when Zhao’s attorney, Teresa Goody Guillén, accused Warren of spreading false information about the nature of Zhao’s plea.

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Guillén argued that Zhao accepted responsibility only for failing to enforce anti–money laundering procedures within Binance — a regulatory oversight rather than direct…

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However, Stafford’s response rejected this interpretation entirely, emphasizing that Zhao’s guilty plea under the Bank Secrecy Act was explicitly criminal in nature and carried…

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Stafford also noted that Warren’s post is protected under the U.S. Constitution and by her official capacity as a member of Congress.

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Even if her official immunity did not apply, Stafford said, Zhao’s legal team would still face an uphill battle proving “actual malice,” the legal standard required for public…

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