Changpeng Zhao also denied allegations of seeking a presidential pardon, echoing WLFI’s stance on media narratives against crypto.
World Liberty Financial (WLFI), a DeFi project linked to the Trump family, has dismissed recent media reports as politically motivated. The company released a statement on X refuting claims from major outlets, including The Wall Street Journal and Bloomberg. WLFI urged the public to disregard what it described as misleading and damaging narratives.
The Trump family discussed buying stock ownership in Binance.US through WLFI based on media reports. Binance founder Changpeng Zhao worked to get a presidential pardon while he faced anti-money laundering charges, right when he held talks to acquire a stake in Binance.US
The statements about Trump family investment proposals stayed unaddressed by WLFI. The project treated this coverage as a growing movement against cryptocurrency that targeted the entire industry.
WLFI maintained its dedication to construct a decentralized financial structure. The project explicitly declared its dedication to delivering financial democracy for millions while sustaining its main purpose. The company asked people to avoid media speculation by moving toward official sources for their information needs.
The media statement advises readers to ignore biased content along with dramatic online headlines. WLFI displayed its strategic connections with essential blockchain organizations while establishing authority as an industry leader throughout upcoming times.
Binance’s former CEO Changpeng Zhao refuted the reports regarding any supposed deal between Binance and the United States Justice system to secure clemency. Zhao completely refuted meeting the Trump family members while attacking the media for their supposed political spin.
Zhao chose to deny the allegations in line with the position of WLFI about the recent crypto-industry-focused reporting intended to damage the industry as a whole. The entities have addressed allegations by asking people to depend on trustworthy data over unverified information.