CZ Denies WSJ Allegations of Fixer Role in Crypto Deals
Changpeng “CZ” Zhao, founder and former CEO of Binance, has denied allegations from The Wall Street Journal (WSJ) regarding his alleged role as an intermediary between World Liberty Financial (WLF) and tech entrepreneur Bilal bin Saqib.
- CZ criticized the WSJ article for inaccuracies and accused it of attempting to negatively portray the crypto industry.
- He firmly rejected claims of being a "fixer" for WLF, which has ties to Trump’s family.
- CZ stated that he only met Saqib for the first time in Pakistan, distancing himself from any prior connections between Saqib and WLF.
- The WSJ article suggested potential overlaps between diplomatic initiatives and private crypto activities, implying CZ might seek favor with the Trump administration.
- CZ claimed such articles aim to dissuade U.S. acceptance of cryptocurrency and labeled WSJ as a voice for anti-crypto opposition.
This incident follows previous clashes between CZ and WSJ, including allegations regarding discussions about a stake in Binance.US with Donald Trump.