Editor's PiCK
Zhao Changpeng Directly Refutes WSJ Report... "No Discussions with Trump"
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Summary
- Zhao Changpeng refuted the WSJ report, stating there were no discussions regarding transactions with Binance's U.S. branch.
- While the WSJ reported that the Trump family was considering acquiring a stake in Binance's U.S. branch, Zhao Changpeng denied this.
- Zhao Changpeng pointed out that the WSJ is showing remnants of the war against cryptocurrencies.
Zhao Changpeng (pictured), founder of the world's largest cryptocurrency exchange Binance, has directly refuted a Wall Street Journal (WSJ) report.
On the 13th, Zhao stated through his X account, "The WSJ article is not factual" and "I have not had discussions with anyone regarding transactions related to Binance's U.S. branch." The WSJ reported that day that Donald Trump's family was considering acquiring a stake in Binance's U.S. branch. The WSJ claimed, "There were discussions within Binance that investing in World Liberty Financial (WLFI) could help secure a pardon for Zhao Changpeng." World Liberty Financial is the Trump family's cryptocurrency company.
Zhao pointed out, "It seems the (WSJ) article was written with the intention of attacking President Trump and cryptocurrencies." He added, "I heard that more than 20 people received questions from the WSJ asking 'Can you confirm that Zhao Changpeng made a deal for a pardon?'" and "(The WSJ) probably asked the same question to hundreds of people to get answers from those 20 or so people." He continued, "(The WSJ) ultimately worked to create a story" and "It seems that remnants of the 'war against cryptocurrencies' waged by the previous administration are still at play."
