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Binance’s CZ Denies Allegations of Involvement in Trump-Linked Crypto Venture

Binance’s CZ Denies Allegations of Involvement in Trump-Linked Crypto Venture

Published:
2025-05-23 23:30:23
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Changpeng Zhao, the former CEO of Binance, has publicly refuted claims linking him to World Liberty Financial, a cryptocurrency venture associated with Donald Trump. The Wall Street Journal’s report alleged that Zhao facilitated international connections for the project, but he dismissed these assertions as politically motivated and factually incorrect. Zhao emphasized that he had no role in connecting the Trump-affiliated group with any international entities. This development highlights the ongoing scrutiny and political tensions surrounding high-profile figures in the cryptocurrency space. As of May 24, 2025, the situation underscores the importance of transparency and accurate reporting in the rapidly evolving digital asset industry.

Binance’s CZ Denies Involvement in Trump-Linked Crypto Venture

Changpeng Zhao, the former CEO of Binance, has publicly refuted allegations connecting him to World Liberty Financial, a cryptocurrency venture associated with Donald Trump. The Wall Street Journal’s report suggested Zhao facilitated international connections for the project, a claim he dismissed as politically motivated and factually inaccurate.

Zhao emphasized he played no role in linking the Trump-affiliated group with foreign officials. The article also implied he sought a presidential pardon through cooperation with the Department of Justice—an assertion Zhao vehemently denied. This controversy emerges amid heightened scrutiny of crypto-political ties during the 2024 election cycle.

Trump, Musk, and Binance’s CZ Clash with The Wall Street Journal Over Media Bias Allegations

Donald Trump, Elon Musk, and Binance founder Changpeng Zhao (CZ) have united in a rare public rebuke of The Wall Street Journal, accusing the publication of biased reporting and agenda-driven journalism. The conflict underscores a broader power struggle between traditional media institutions and today’s most influential figures.

The controversy began when the WSJ published a critical piece on the Witkoff family, prompting CZ to denounce it as a "hit piece." TRUMP and Musk quickly followed with their own criticisms, amplifying the narrative of media distrust among their massive followings.

This alignment of tech, crypto, and political leaders against a legacy financial publication reflects shifting power dynamics in the information age. The crypto community watches closely as Binance’s CEO defends the industry against perceived media attacks.

BNB Integrates AI Features as Ruvi AI Emerges with High-Yield Promise

Binance Coin (BNB) maintains its stronghold in the crypto exchange utility sector, trading steadily at $685. Its resilience during market fluctuations underscores its favored status among traders, with technical indicators suggesting potential upside.

Meanwhile, Ruvi AI (RUVI) is carving a disruptive path with its decentralized AI superapp, merging blockchain with advanced artificial intelligence. The project boasts ambitious ROI projections of 12,500%, positioning itself as a next-generation contender in the space.

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