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[U.S. Senator Warren's Lawyer Responds to Defamation Allegations by Changpeng Zhao: Statements Are Well-Founded] On November 2, 2025, the lawyer for U.S. Senator Elizabeth Warren issued a statement in response to defamation allegations made by Binance CEO Changpeng Zhao, asserting that the statements in question are fact-based and do not constitute defamation. The lawyer emphasized that Changpeng Zhao pleaded guilty in 2023 to violating the U.S. Bank Secrecy Act, admitting to failing to establish effective anti-money laundering mechanisms, which constitutes a criminal offense. The statement referenced a press release issued by the U.S. Department of Justice on November 21, 2023, confirming that Binance and Changpeng Zhao pleaded guilty to charges of violating the Bank Secrecy Act, illegal money transfers, and sanctions violations, agreeing to pay over $4 billion in fines. Warren's team pointed out that the plea agreement and press release publicly disclosed by the Department of Justice support the related statements made on social media.

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