The cryptocurrency industry is facing a political firestorm following President Trump’s pardon of Binance founder Changpeng Zhao, with Senator Elizabeth Warren condemning the move as corruption while Zhao accuses the senator of factual inaccuracies and political bias. The controversy has exposed deep divisions in crypto regulation and raised questions about transparency in high-profile financial pardons, with allegations of insider trading adding fuel to the escalating conflict.
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CryptoNews Article 
October 24, 2025 | 23:26
October 24, 2025 | 23:26
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October 24, 2025 | 08:13
Elizabeth Warren
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Elizabeth Warren is a United States Senator from Massachusetts and a prominent Democratic politician known for her advocacy of progressive policies and anti-crypto stance.
CZ Claps Back at Elizabeth Warren Over Money Laundering Claims
Binance founder Changpeng Zhao has launched a public rebuttal against Senator Elizabeth Warren, accusing her of factual inaccuracies regarding his legal situation. In a sharp social media response, Zhao challenged Warren’s characterization that he pleaded guilty to money laundering charges, asserting that no such charges were ever filed against him. This confrontation highlights the escalating tensions between cryptocurrency industry leaders and U.S. political figures advocating for stricter digital asset regulation.
read moreTrump Pardons Binance Founder CZ, Sparks Corruption Claims
Former President Donald Trump’s full pardon of Binance founder Changpeng “CZ” Zhao has ignited a political firestorm, with prominent Democrats accusing the administration of “pay-to-play corruption” tied to Trump’s crypto ventures. Zhao, who served four months for violating U.S. anti-money-laundering laws, had reportedly funneled billions into Trump’s personal crypto company, World Liberty Financial, raising serious questions about the intersection of presidential power, financial interests, and the rapidly evolving cryptocurrency landscape.
read moreTrump’s $3.5B DeFi Project Sparks Political Controversy
A major Ethereum-based DeFi project co-founded by former President Donald Trump and his sons has reached a $3.56 billion market capitalization while drawing sharp criticism from Democratic lawmakers over potential conflicts of interest. World Liberty Financial, which aims to revolutionize digital finance through its WLFI token and USD1 stablecoin, has generated substantial financial gains for the Trump family amid growing political scrutiny and calls for Treasury investigations.
read moreTrump Family Nets $1B From Crypto Empire
The Trump family has generated over $1 billion in pre-tax profits from their cryptocurrency ventures during Donald Trump’s second term, according to a Financial Times investigation. Their crypto empire spans stablecoins, memecoins, and DeFi projects, creating both massive wealth and political controversy. The revelations have sparked ethical concerns and political backlash in Washington.
read moreTrump Family’s Crypto Empire Tops $1B in Profits
The Trump family’s cryptocurrency ventures have generated over $1 billion in profits, according to Eric Trump, sparking intense political controversy and ethical concerns about conflicts of interest. Their sprawling crypto empire spans NFT trading cards, meme coins, and the World Liberty Financial project, with the Financial Times investigation confirming these massive gains that represent a substantial portion of Donald Trump’s estimated $7.1 billion net worth.
read moreWalmart’s OnePay App to Add Bitcoin and Ethereum Trading
Walmart-owned fintech platform OnePay is reportedly integrating Bitcoin and Ethereum trading capabilities into its mobile banking app, signaling mainstream retail’s growing acceptance of cryptocurrency as a core financial service. The move, powered by crypto infrastructure startup Zerohash, represents a significant step in bridging traditional banking with digital assets as the app surges in popularity, now ranking among the top finance applications in both major app stores.
read moreUS Watchdog to Assess $1.7T Private Credit Risks
The US Government Accountability Office is launching a comprehensive assessment of risks in the $1.7 trillion private credit industry, signaling Washington’s growing concern about the sector’s potential impact on the broader economy. This examination follows a formal request from Senators Elizabeth Warren and Jack Reed to the Comptroller General, with a draft report expected this spring that could shape future financial regulation and oversight of this rapidly expanding market.
read moreCrypto Funding Surges as Senate Eyes Tax Rules
The cryptocurrency sector is experiencing unprecedented financial momentum as major players secure massive funding rounds while regulatory bodies intensify their examination of digital assets. Kraken has completed a $500 million funding round at a $15 billion valuation, while Tether is pursuing a historic $20 billion raise that could value the stablecoin issuer at $500 billion. Simultaneously, the US Senate has scheduled a crucial October 1 hearing on crypto taxation, signaling heightened regulatory attention to the rapidly evolving digital asset landscape.
read moreWarren Demands Probe Into Trump Officials’ UAE Tech Deals
Senator Elizabeth Warren is spearheading a high-stakes congressional demand for an ethics investigation into two Trump administration officials, alleging they oversaw the relaxation of sensitive technology exports to the United Arab Emirates while maintaining undisclosed financial ties to the very deals they championed. The probe targets White House AI and Crypto Czar David Sacks and Special Envoy Steve Witkoff, centering on potential conflicts of interest that lawmakers warn could compromise national security and corrupt the burgeoning digital asset market.
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