Warren Wants Answers From DOJ on Binance Deal
Senator Elizabeth Warren is turning up the heat on the Department of Justice. She wants real answers about how the agency is handling Binance after the company’s massive 2023 settlement. Warren says the DOJ is dodging her questions and that the public deserves more clarity about what’s actually happening behind the scenes.
Questions That Still Haven’t Been Answered
Back in May, Warren and two other senators sent a letter asking the DOJ if Binance was sticking to its side of the deal. They also wanted to know whether the department had discussed a pardon for Binance’s co-founder Changpeng Zhao. The DOJ responded, but Warren says the answers were vague and didn’t actually confirm whether Binance is following the rules. She’s now pressing for a more direct response.
Is #Binance Cutting Deals with Team Trump? That's What Senate Democrats Are Asking
Senator Elizabeth Warren and colleagues asked the attorney general what's up with #Binance and reports of U.S. talks over its enforcement compliance. #crypto pic.twitter.com/nN0whe6fUP
— CryptOpus (@ImCryptOpus) September 18, 2025
The Settlement Everyone Is Talking About
Binance agreed to pay billions in penalties last year and also accepted a compliance monitor to oversee how it handles things like anti-money laundering. That monitor was supposed to be in place for several years. Warren is worried that the DOJ might be considering removing or scaling back that monitor, and she’s not happy about the idea. In her view, the monitor plays a critical role in holding Binance accountable, and if that role is cut short, she wants to know why.
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Concerns About Political Ties
Warren is also raising concerns about connections between Binance and companies linked to the Trump family. One name she mentioned specifically is World Liberty Financial. She wants to know if any of these connections played a part in how Binance’s case was handled. She’s asking whether former Trump officials or allies had any contact with DOJ staff about the Binance case or Zhao’s legal situation.
The DOJ’s Response So Far
The Department of Justice did send a reply, but according to Warren, it did not go far enough. She says the DOJ failed to give a clear update on whether Binance is meeting the terms of its settlement. It also didn’t provide any solid answers about the potential pardon or political contact. Warren and her fellow senators called the response disappointing and are now asking for a proper follow-up by October 1.
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Why This Matters
This situation is about more than just Binance. Warren believes that the way the DOJ handles this case could set a tone for how crypto companies are treated when they break the rules. If a firm as large as Binance gets away with light oversight or backroom deals, it could damage trust in how the system works. Warren says the public needs to know whether justice is being applied fairly, especially when billions of dollars and regulatory credibility are on the line.
What Happens Next
The ball is now in the DOJ’s court. If they respond with more clarity, it might ease concerns. If they stay silent or vague, the pressure will likely grow. Other lawmakers may join Warren in pushing for answers, and depending on what surfaces, this could turn into a much larger debate about crypto regulation, political influence, and accountability in Washington.
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Key Takeaways
- Senator Elizabeth Warren is demanding clear answers from the DOJ about Binance’s $4.3 billion settlement and ongoing compliance.
- Warren says the DOJ has avoided confirming whether Binance is sticking to the terms of the deal or if a pardon for CZ was ever discussed.
- She’s also raising concerns about political ties between Binance and companies linked to the Trump family, including World Liberty Financial.
- The DOJ has responded to previous letters, but Warren and two other senators say the answers were vague and failed to address core questions.
- Warren argues the outcome of this case could affect how crypto enforcement is handled going forward, and how much influence politics has in regulation.
The post Warren Wants Answers From DOJ on Binance Deal appeared first on 99Bitcoins.
