- Justin Sun reaffirms support for CZ and aligns with Trump’s crypto stance while maintaining transparent DOJ cooperation.
- Binance seeks to re-enter the U.S. market through reduced oversight, new partnerships, and potential USD1 stablecoin listings.
- Tron boosts its influence by supporting Liberland’s blockchain with EVM compatibility and decentralized governance initiatives.
H.E. Justin Sun has addressed on X swirling rumors involving Binance’s founder Changpeng Zhao (CZ), clarifying his stance via X. He reaffirmed his trust in CZ, calling him a mentor and close friend. Simultaneously, Sun emphasized the importance of his alliance with the U.S. Department of Justice (DOJ). He confirmed direct and transparent cooperation with the DOJ on global user protection efforts. Moreover, Sun expressed confidence in President Trump’s crypto-friendly policy, which he believes will position TRX for significant success in the United States.
Besides reaffirming his alliances, Sun highlighted TRX as an early and loyal supporter of Trump’s crypto vision. TRX will be a major gainer from the expansion of U.S. cryptocurrency, he said. This public declaration is made in the midst of increased criticism of Binance’s recent moves and business alliances in the US market.
Binance Eyes U.S. Return Amid Strategic Talks
Earlier this week, CZ was named Strategic Advisor to the Pakistan Crypto Council. Reports indicate he is bracing for a media report focused on him. The Wall Street Journal revealed that Binance executives met U.S. Treasury officials last month. Their goal was to reduce federal oversight and resume U.S. operations.
Additionally, Binance reportedly requested the removal of a federal monitor overseeing its compliance with anti-money laundering rules. That monitor was installed following a $4.3 billion DOJ settlement in 2023. The company also held talks to list USD1, a stablecoin issued by Trump-backed World Liberty Financial (WLFI). This development signals deeper cooperation between Binance and the Trump family.
Tron Expands Blockchain Role in Liberland
Justin Sun announced Tron’s active involvement in Liberland’s blockchain ecosystem. Speaking at the Liberland Congress, he pledged full technical and strategic support. Sun confirmed Tron engineers are working with Liberland’s team to implement Ethereum Virtual Machine (EVM) compatibility.
Hence, the move will allow broader participation from the crypto community. It will also simplify user interaction with Liberland’s on-chain governance. Sun emphasized that Liberland will serve as a model crypto-backed nation. It will feature decentralized law, on-chain governance, and real infrastructure.
