Changpeng Zhao, better known as CZ, No Stay silent. The former CEO of Binance publicly rejected the demands of a recent article in the Wall Street Journal which accused him of helping international broker offers for a crypto startup linked to Donald Trump Inner circle.
In a thread strongly written on x, Cz called the misleading story and said The story had been twisted To adapt to a program. CZ denies any involvement in the aid to brokers of brokers for World Liberty Financial, a cryptographic project linked to the inner circle of Trump.
What the WSJ claimed
According to the article, CZ would have played a role behind the scenes in the aid to World Liberty Financial (WLF) widen its scope. Zach Witkoff Co-founded the WLF of the cryptocurrency company and maintains close links with Trump family members.
The history of the WSJ focused on a meeting in Pakistan between the WLF and the entrepreneur Bilal Bin Saqib. He said CZ helped facilitate this connection, which later led to the signing of a memorandum of understanding with an organization supported by the government in the country.
In short, the paper suggested that CZ acted like a silent connector, smoothing the way to Wlf Global ambitions.
CZ returns
CZ has not wasteped time responding. In a detailed post X, CZ denies the assertions that he presented WLF to foreign partners or played a role in his expansion.
Another successful piece of the Wall Street Journal. The WSJ instead of playing journalism, has roughly recourse to the law of Cunningham, with negative intentions.
“Cunningham’s law: The best way to get the right answer on the Internet is not to ask a question; is to publish the bad answer.”…
– CZ
BNB (@cz_binance) May 23, 2025
BNB (@cz_binance) He posted a direct denial, declaring, “”I am not a fixer for anyone.“” He said that he had only met Bilal Bin Saqib in person during a trip to Pakistan and had no role in any meeting between Saqib and WLF. According to him, Saqib and WLF had already been in contact long before he was in the photo.
His message was clear: There is No secret affair in progress behind closed doors, and its name is be dragged in something with which he had nothing to do with.
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Not just denial, a criticism of the process
CZ denies the story published by the WSJ, arguing that it ignored the clarifications provided by her team before the publication. Beyond his defense, CZ disputed how The story has been reported. He said the WSJ had sent a list of questions to his team in advance, but These questions have been fulfilled With bad hypotheses. He claims that his team has provided clarifications and corrections, but no of did the final article.
He also pointed out what he considers a trend journalism, Write something controversial first, then let the backlash bring In Attention and corrections afterwards. He referred Cunningham Law to describe this: the idea that the fastest way to obtain the RIGHT The answer on the internet is to publish the bad.
In his opinion, the WSJ looked at a version of the story which was more dramatic than precise.
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Why it draws so much attention
World Liberty Financial No Just any crypto project. Its links with Trump The growing family and international presence have already raised the eyebrows. Cryptographic space has long prospered in a gray area where influence and connections hold. WThe hen policy enters the image, the complexities were deepening.
The simple suggestion that someone like CZ could use their network to help WLF win foreign agreements was always going Make the headlines – which is probably part of what has frustrated him the most.
What happens next?
At this point, There is No official fallout, and CZ doesn’t indicated that hell Take legal action. But the situation underlines how much the intersection of Crypto, politics and the media have become. When high-level names are involved, especially in countries and political lines, stories like this not start anytime soon.
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CZ denied the claims of the Wall Street Journal that he had facilitated the global agreements for Counterfeit Crypto Project World Liberty Financial.
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The WSJ report allegedly alleged that Cz has helped connect WLF to foreign figures in Pakistan, which led to an agreement signed with a group supported by the government.
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CZ responded to X, calling for false claims and claiming that he had no role in any Meetings or agreements related to WLF.
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He also criticized the Wsj Report, claiming that his team has given clarifications that were ignored in favor of a more dramatic story.
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This controversy highlights increasing tensions at the intersection of crypto, media and politics – especially when high -level names are involved.
The post CZ Slams WSJ for affirming that he had helped the crypto agreement linked to Trump appeared first on 99Bitcoins.
