Changpeng Zhao, better known as CZ, it is not shut up. The former CEO of Binance publicly rejected requests from a recent article from the Wall Street Journal who accused him of helping international agreements for a cryptographic startup linked to Donald Trump’s Internal circle.
In a thread strongly formulated on X, Cz called the misleading history and said The narrative had been twisted To adapt to a program. CZ denies any involvement in helping broker’s affairs for World Liberty Financial, a cryptographic project linked to the Trump internal circle.
What the WSJ said
According to the article, CZ presumably played a role behind the scenes in helping World Liberty Financial (WLF) to expand its scope. Zach Witkoff has co-founded the WLF cryptocurrency company and keeps tight ties with Trump family members.
The history of the WSJ focused on a meeting in Pakistan between WLF and entrepreneur Bilal Bin Saqib. He said CZ contributed to facilitating this connection, which he later led to the WLF to sign a memorandum of understanding with an organization supported by the government in the country.
In short, the card suggested that CZ acted from a silent connector, smoothing the path for WLF’s global ambitions.
CZ ignites
CZ wasted no time to answer. In a detailed post x, CZ denies the claims to have introduced WLF to foreign partners or to have played any role in its expansion.
Another piece of success of Wall Street Journal. WSJ instead of doing journalism, has practically resorted 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; it is to publish the wrong answer.” …
– Cz
BNB (@cz_binance) May 23, 2025
Has published a direct denial, affirming, “I’m not a repairer for anyone.” He said he met Bilal Bin Saqib in person only during a trip to Pakistan and did not play any role in any meeting between Saqib and WLF. According to him, Saqib and WLF had already been in contact long before it was in the photo.
His message was clear: there is No secret deal in progress behind the closed doors and its name is drag In something he had nothing to do with.
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Not only denial, a criticism of the process
CZ denies the story published by the WSJ, claiming that he ignored the clarifications provided by his team in view of the publication. In addition to defending, CZ has questioned how The story has been reported. He said the WSJ had sent a list of questions to his team in advance, but Those questions were filled with bad hypotheses. He says that his team has provided clarifications and corrections, but none of that He arrived in the final article.
He also indicated what he sees as a trend journalism, Write first something controversial, then let the repercussions bring In Attention and corrections after the fact. Referred Cunningham’s Reads to describe this: the idea that the fastest way to obtain the Right The response on the internet is to publish the wrong one.
In his opinion, the WSJ leaned on a version of the story that was more dramatic than accurate.
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Because this is receiving so much attention
World Liberty Financial it is not Only any cryptocurrency project. His bonds with Trump’s The family and the growing international presence have already raised their eyebrows. The cryptographic space has long thrown into a gray area in which they influence the flu and connections. WWhen politics enters the scene, the complexities are deepened.
The simple suggestion that someone like CZ could use his network to help WLF to win foreign agreements he always went to Take the titles – which is probably part of what has frustrated him the most.
What happens later?
At this point, there is No official impact and CZ has no indicated it hell take legal actions. But the situation highlights how sensitive is the intersection of The cryptocurrency, politics and media have become. When high -profile names are involved, in particular among the countries and political lines, stories like this they are not Go away at any time soon.
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CZ denied the statements from the Wall Street Journal for which he facilitated global agreements Trump Legate Crypto Project World Liberty Financial.
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The WSJ report said CZ contributed to connecting WLF with foreign characters to Pakistan, leading to an agreement signed with a group supported by the government.
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Cz replied on X, defining false statements and stating that he had no role in Anyone Meetings or agreements relating to WLF.
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Also criticized the WSJ’s reporting process, saying that his team has given clarifications have been ignored in favor of a more dramatic narrative.
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This controversy underlines the growing tensions to the intersection between cryptocurrency, media and political, especially when high -profile names are involved.
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