CZ Slams WSJ for Claiming He Helped Trump-Linked Crypto Deal
Changpeng Zhao, better known as CZ, isn’t staying quiet. The former Binance CEO has publicly rejected claims from a recent Wall Street Journal article that accused him of helping broker international deals for a crypto startup tied to Donald Trump’s inner circle. In a strongly worded thread on X, CZ called the story misleading and.. The post CZ Slams WSJ for Claiming He Helped Trump-Linked Crypto Deal appeared first on 99Bitcoins.
Changpeng Zhao, better known as CZ, isn’t staying quiet. The former Binance CEO has publicly rejected claims from a recent Wall Street Journal article that accused him of helping broker international deals for a crypto startup tied to Donald Trump’s inner circle.
In a strongly worded thread on X, CZ called the story misleading and said the narrative had been twisted to fit an agenda. CZ denies any involvement in helping broker deals for World Liberty Financial, a crypto project tied to Trump’s inner circle.
What the WSJ Claimed
According to the article, CZ allegedly played a behind-the-scenes role in helping World Liberty Financial (WLF) expand its reach. Zach Witkoff co-founded the cryptocurrency venture WLF, and maintains close ties with Trump family members.
The WSJ story focused on a meeting in Pakistan between WLF and entrepreneur Bilal bin Saqib. It claimed CZ helped facilitate that connection, which later led to WLF signing a memorandum of understanding with a government-backed organization in the country.
In short, the paper suggested that CZ acted as a quiet connector, smoothing the path for WLF’s global ambitions.
CZ Fires Back
CZ wasted no time responding. In a detailed X post, CZ denies claims that he introduced WLF to foreign partners or played any role in its expansion.
Another hit piece from Wall Street Journal. WSJ instead of doing journalism, has pretty much resorted to Cunningham’s Law, with negative intentions.
"Cunningham's Law: The best way to get the right answer on the Internet is not to ask a question; it's to post the wrong answer."…
— CZ
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