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.
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the Truth Social Bitcoin ETF, a crypto investment product filed by Trump Media & Technology Group, operator of the Truth Social platform.
TRON Inc., a blockchain-based technology firm incorporated in Nevada, has officially filed a Form S-3 with the U.S. Securities and Exchange Commission (SEC) to initiate a mixed shelf offering of up to $1 billion.
Financial author Robert Kiyosaki is once again sounding the alarm on America’s economic health.
The United States and China are expected to extend their trade truce by 90 days. The extension would delay new tariffs and create space for fresh negotiations in Stockholm.