Elizabeth Warren: “CZ funded Trump’s stablecoin and lobbied for a pardon”

Senator Elizabeth Warren posted on X accusing Binance founder Changpeng Zhao (CZ) of funding Trump’s stablecoin project and lobbying for a presidential pardon, calling it “corruption Congress must stop.”

Source Elizabeth Warren

Her post included a screenshot of a Wall Street Journal headline reading “Trump Pardons Convicted Binance Founder.” However, X’s community notes clarified that CZ never pleaded guilty to money laundering — his single charge was for violating the Bank Secrecy Act by failing to implement an effective anti–money laundering program.

The controversy has sparked debate across Washington and the crypto industry, underscoring the growing intersection between digital assets and U.S. politics, especially as Trump positions himself as a pro-crypto candidate.