Binance Founder Denies Role in Trump-Linked Crypto Project Amid Media Backlash

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.

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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.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.