Binance Founder Denies Role in Trump-Linked Crypto Project Amid Media Backlash
24.05.2025 12:00 1 min. read Alexander Stefanov
Binance founder Changpeng Zhao has rejected claims tying him to World Liberty Financial (WLF), a crypto firm associated with Donald Trump’s family.
In a post on X, Zhao dismissed a recent Wall Street Journal report as inaccurate and politically motivated.
The article alleged Zhao acted as a behind-the-scenes facilitator for WLF during foreign visits, including a meeting in Pakistan. Zhao denied the claims, stating he met the official mentioned for the first time during that trip and played no role in arranging introductions.
The report also spotlighted Zhao’s recent request for a presidential pardon and raised concerns about WLF’s blurred lines between diplomacy and private crypto fundraising, which has surpassed $600 million. High-profile names like Justin Sun were seen at a recent Trump-hosted event for WLF backers.
Zhao accused the WSJ of spreading misinformation and acting on behalf of anti-crypto interests, framing the coverage as part of a broader effort to undermine the digital asset space.
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