Binance founder Changpeng Zhao (CZ) has claimed that the Biden administration is targeting his company due to its market dominance and his Chinese ethnicity. In an April 14 interview with Fox Business, CZ stated that Binance has become a primary focus amid a hostile regulatory environment where the government has declared war on cryptocurrency. He highlighted Binance's non-US headquarters as another factor in the scrutiny. Additionally, CZ addressed rumors regarding a pardon by Trump, firmly denying any commercial interests or business relationships with Trump or his family. He emphasized that there are no investments, partnerships, or cross-shareholdings between them.
Binance's CZ Claims Targeting by Biden Administration Over Market Dominance
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