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<div class="key-points-section">Key Points:
 <ul>
 <li>Binance founder denies money laundering allegations, ensuring regulatory compliance.</li>
 <li>Claims all customer assets are secure.</li>
 <li>Addresses relationship with Justin Sun amid media scrutiny.</li>
 </ul>
</div>
Zhao Changpeng, founder of Binance, responded to allegations of money laundering and fraud, emphasizing regulatory compliance and asset safety.
The statement by Zhao highlights the distinction between preventing and committing money laundering, aiming to maintain investor trust amid scrutiny.
<h2 id="strong-zhao-addresses-allegations-and-reaffirms-asset-security-strong">Zhao Addresses Allegations and Reaffirms Asset Security</h2>
Zhao Changpeng, founder of Binance, addressed allegations of money laundering, clarifying differences between preventive failures and actual offenses. He emphasized the safety of customer assets and affirmed his commitment to regulatory compliance. "The so-called 'anti-money laundering' issue is different from 'money laundering'; the former refers to the failure to effectively prevent, while the latter refers to actual implementation." These clarifications aim to respond to media concerns and stabilize market confidence in Binance-linked assets.
Following the allegations, Binance announced <a href="https://twitter.com/cz_binance/status/1911083260656164908" rel="noopener noreferrer nofollow">new perpetual contracts</a> as part of its expansion strategy.
While the crypto community monitors the situation, Zhao’s statements attempt to reinforce investor sentiment and discourage volatility in related tokens like Binance Coin (BNB).
Market reactions were mixed. While some users voiced trust in Zhao, skepticism remains among regulatory bodies. Zhao attributed some of the backlash to potential <a href="https://www.chaincatcher.com/en/article/2176899" rel="noopener noreferrer nofollow">paid smear campaigns</a>, attempting to invalidate his leadership and Binance's operations.
<h2 id="strong-bnb-price-trends-amid-ongoing-regulatory-scrutiny-strong">BNB Price Trends Amid Ongoing Regulatory Scrutiny</h2>
Did you know? Zhao's recent denial of money laundering allegations mirrors previous instances where regulatory issues impacted native tokens like BNB, showcasing resilience amid industry scrutiny.
According to CoinMarketCap, Binance Coin (BNB) is priced at $598.16 with a market cap of $85.22 billion, representing 3.14% dominance. BNB's recent price shift reflects a 1.85% increase in 24 hours, but it has seen a 13.88% decline over 90 days. 
<figure class="wp-block-image aligncenter size-large"><a href="https://coincu.com/wp-content/uploads/2025/04/BNB-daily-chart-on-2137-UTC-on-April-12-2025file.jpeg" rel="noopener noreferrer nofollow"> <img src="https://coincu.com/wp-content/uploads/2025/04/BNB-daily-chart-on-2137-UTC-on-April-12-2025file.jpeg" alt="bnb-daily-chart-26" class="wp-image-331807"> </a>
 <figcaption class="wp-element-caption">
 BNB(BNB), daily chart, screenshot on CoinMarketCap at 21:37 UTC on April 12, 2025. Source: <a href="https://coinmarketcap.com/currencies/bnb/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>
 </figcaption>
</figure> 
Coincu analysts suggest ongoing regulatory scrutiny could shape Binance's <a href="https://coincu.com/326039-coinbase-exchange-sets-sights-on-india/" rel="noopener noreferrer nofollow">strategic direction</a>. Historical trends reveal temporary market disruptions in the face of legal challenges, yet Zhao’s leadership and Binance's continued innovation are seen as strong factors in weathering these financial uncertainties. <a href="https://coincu.com/331809-binance-founder-denies-allegations/" rel="noopener noreferrer nofollow">Read original article on coincu.com</a>

Binance Founder Denies Money Laundering Allegations

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