Binance co-founder Changpeng “CZ” Zhao has denied agreeing to testify against TRON founder Justin Sun in his deal with the US Department of Justice.
A report by the Wall Street Journal claimed CZ would provide evidence against Sun in his plea deal, but CZ dismissed the claims on social media.
CZ stated that there were no money laundering or fraud charges against him, clarifying the charges brought by the DoJ were related to Anti-Money Laundering violations.
Justin Sun, the founder of TRON, downplayed the rumors and affirmed his close relationship with CZ and the US Department of Justice.