Changpeng Zhao (CZ) denies WSJ's allegations regarding WLFI
Changpeng Zhao (CZ) , co-founder and former CEO of Binance , has denied any involvement with World Liberty Financial (WLFI) following a post that claimed he had ties to entities linked to Donald Trump and owned shares in Binance US .
CZ has denied this information on the X platform (Twitter) .
Specifically, in a post on the X platform, Changpeng Zhao (CZ) refuted the WSJ article , claiming that it was full of misinformation and negative assumptions.
The article accuses CZ of being involved in a decentralized finance project backed by an entity linked to Donald Trump , managed by his sons Eric and Donald Jr.
The WSJ also described CZ as a “fixer” for the WLFI team and co-founder Zach Witkoff , alleging that he assisted them on overseas trips, including a visit to Pakistan , where they allegedly signed a memorandum of understanding with local officials. Zhao denies all of these allegations.
Changpeng Zhao criticizes WSJ's "critical article"
In a post on the X platform , Changpeng Zhao (CZ) asserted that he was not the one who arranged or connected anyone, denying introducing Mr. Saqib (Pakistani official) to WLFI or organizing any meetings abroad.
CZ said he only met Saqib for the first time in Pakistan , while the parties involved had known each other before. He also criticized the WSJ for asking false and negative hypothetical questions .
Changpeng Zhao (CZ) and his media team dismissed the WSJ article , claiming that it contained a lot of misinformation and was written with malicious intent . CZ criticized the WSJ as a mouthpiece for anti-cryptocurrency forces in the US, aiming to hinder efforts to turn the country into the global crypto capital .
He alleged that the article was part of a campaign to attack the cryptocurrency industry , industry leaders , and pro-crypto governments . CZ also disputed a previous WSJ article on April 11 that accused him of agreeing to testify against Justin Sun — something he denied, claiming that someone at the WSJ had been paid to smear him .