BlockBeats News, April 12th, Justin Sun responded to a related report by The Wall Street Journal on social media, saying:

“I am not aware of the rumors currently circulating on the internet. CZ is my mentor, friend, and benefactor. In the process of my entrepreneurship, he has given me attention, guidance, and direction. To this day, his principles and style of conduct remain the highest standard I, as an entrepreneur, aspire to.

At the same time, the U.S. Department of Justice has always been one of the closest and most trustworthy partners of our T3FCU. Together, we have worked on numerous significant cases aimed at protecting global users, punishing criminal groups worldwide.

Whether it is CZ or the Department of Justice's partners, we have always maintained direct and honest communication. I trust each and every one of them. Under President Trump's enlightened cryptocurrency policy leadership, the U.S. crypto industry is bound to achieve greater success. As one of the earliest cryptocurrencies chosen by the President, TRX will also benefit from this success. ALL IN USA!”

Earlier, BlockBeats reported that The Wall Street Journal, citing sources familiar with the matter, stated that during the Biden administration, the U.S. Department of Justice has been investigating Justin Sun for alleged financial crimes, and it is unclear whether the investigation is still ongoing. Some sources said that as part of CZ's plea agreement, he has agreed to provide evidence about Justin Sun to the prosecution.