Justin Sun Backs CZ in Heart-Rending Post Ahead of Sentencing
- CZ continues to receive support from the crypto industry ahead of his sentencing.
- The latest message of support came from Tron’s founder.
- The crypto mogul expressed his optimism about CZ’s future.
Tron blockchain founder Justin Sun shared a heart-rending post on X (Twitter), backing his fellow crypto mogul Changpeng Zhao (CZ), whose sentencing in the U.S. is due on April 30.
Justin Sun’s message comes close after the former Binance CEO apologized for his “poor decisions” in a letter addressed to the judge overseeing his case on April 23. In the letter, CZ said he accepted “full responsibility” for his actions, which prosecutors say include anti-money laundering and sanctions violations.
Read More
Why Ripple Decided to Replace XRP with USDT for U.S. Clients
Robinhood Sends 3T SHIB In One Transaction On Price Rebound
Cardano vs. Solana: Which Blockchain Has a Brighter Future?
Sun’s Hope that “CZ Can Return Safely”
On April 25, Justin Sun took to X and shared his thoughts on CZ’s upcoming sentencing with his 3.5 million followers. In the first post , Sun lauded the letters of support CZ received from friends and relatives, noting that they demonstrated “CZ’s profound impact on the blockchain industry.”
Sponsored
The support Sun was referring to came from 161 letters addressed to United States District Judge Richard Jones on April 23, pleading for the court’s leniency on behalf of CZ. Sun noted that he was deeply touched by Yi’s letter, which depicted how the daily life of crypto founders is “no longer the entrepreneurial game” that started a decade ago.
“Instead, it truly shapes the ups and downs of the development of many industries, is related to the joys and sorrows of real families, and affects the enforcement of policies by governments of various countries.” Sun wrote in the second post.According to Sun, being a pioneer in the crypto industry now feels like “standing on the edge of an abyss and treading on thin ice.”
Stay updated on the DOJ’s position regarding CZ’s sentencing:
U.S. DOJ Asks Changpeng Zhao (CZ) to Be Jailed for 3 Years
Read about Justin Sun’s latest ETH buying spree:
Justin Sun’s 891M Ethereum Buying Spree: A Sign Of Recovery?
Sponsored
Disclaimer: everything in the article represents the author's point of view and has nothing to do with this platform. This article is not intended to be used as a reference for making investment decisions.
