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CZ Plans to Sue US Senator Elizabeth Warren for Defamation

CZ Plans to Sue US Senator Elizabeth Warren for Defamation

BlockBeats News, October 29th. According to the New York Post, CZ is considering suing U.S. Senator Elizabeth Warren for defamation. This comes after Warren posted on Twitter, following Trump’s pardon, suggesting that CZ had been “convicted of money laundering.” However, CZ has never been convicted of money laundering; he has only been previously accused of violating the U.S. Bank Secrecy Act (BSA) and Binance’s failure to implement effective anti-money laundering procedures.

CZ’s attorney, Teresa Goody Guillen, stated that they are in the process of drafting a letter through her to demand Warren retract her statement. If Warren does not formally retract her statement, CZ plans to immediately file a defamation lawsuit against the senator.

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