Former Binance CEO Changpeng Zhao's legal team has demanded Senator Elizabeth Warren retract "false and defamatory" statements made after his presidential pardon, challenging her claims about money laundering charges and alleged financial ties to Trump through World Liberty Financial. Zhao's attorney argued Warren's allegations lack legal basis, noting a $2 billion deal between Binance and Abu Dhabi's MGX using WLF's USD1 stablecoin didn't benefit Trump. The letter hints at potential libel action as Zhao seeks to restore his reputation post-pardon for anti-money laundering violations that resulted in Binance's $4.3 billion fine and his $50 million personal penalty.