CZ rejects a report that links Binance with the World Liberty Financial Stablinin

By Hannah Pérez

Changpeng Zhao, co -founder and former CEO of Binance, threatened to sue Bloomberg for informing about an alleged collaboration between the exchange and World Liberty Financial, which CZ says does not exist.

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• Changpeng Zhao, co -founder and former CEO of Binance, responds to the latest Bloomberg report.
• The publication reported on alleged secret ties between Binance and World Liberty Financial de Trump.
• Alleges that Binance helped the project to create and promote its USD1 stable.
• CZ threatened to sue Bloomberg for defamation –For the second time.

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Changpeng Zhao, better known for his nick Binance and the project World Liberty Financialbacked by Donald Trump.

Yesterday, the news agency Bloomberg published a spicy article that ensures that Binance I would have helped World Liberty Financial to create and promote Stablecoin USD1 of the project. The report ensures that the exchange co -founded by Zhao worked on the development of the USD1 code, a token with a parity of the US dollar was launched in March this year.

The publication also alleges that Binance He collaborated with the promotion of USD1, by signing a historical investment agreement for USD $ 2 billion with the payment set in that currency. This transaction would have put More than 90% of USD1 circulating tokens in wallets Binancewhich would potentially generate dozens of millions in annual interest income to World Liberty.

Bloomberg He added that Zhao requested a presidential pardon shortly after that massive deployment of USD1.

CZ threatens to sue Bloomberg

CZ, who previously directed BinanceIt soon responded to rumors, emphatically rejecting the information and threatening with a new demand against the newspaper.

“Bloomberg has just published another defamatory article (sponsored by a competitor) with so many factual errors that I don’t even know where to start“wrote the cryptocurrency businessman. “Maybe we have to sue them again for defamation“

4. FUD. Bloomberg Just Wrote Another Hit Piece (Sponsored by a competitor) Containing So Many Factual Error I Don’t Even Know Where To Begin.

Might have to Sue Them Again for Defamation. https://t.co/fevgmarhj8

– CZ 🔶 BNB (@cz_binance) July 11, 2025

The message was accompanied by a previous publication where Zhao publicly showed a apology letter he received from Bloomberg Last year after demanding them by defamation in relation to an article published in 2022.

The publication retracted an article that accused Binance To operate a Ponzi scheme, qualifying the holder “False and without foundation”At that time, Bloomberg He agreed to make a charitable donation instead of paying damage.

His iconic phrase “4.fud”, an acronym that translates as “fear, uncertainty and doubt” and that is commonly used to describe the dissemination of negative or foundation information, did not lack Friday’s response.

WLF, Trump, Zhao and possible conflict of interest

Founded in 2024, World Liberty Financial (WLF) is promoted as a Defi platform that seeks to facilitate access to cryptocurrencies and promote the adoption of Stablecoins, particularly its USD1 token. The project has been widely promoted by President Trump and his children, Donald Trump Jr. and Eric Trump.

Trump has been under the scrutiny of US legislators due to their relationship with World Liberty Financial and other cryptocurrency businesses, generating concerns about possible conflicts of interest – Specially in the light of reports that estimate multimillion -dollar profits for the family following these businesses.

Friday’s report of Bloombergwhich focuses on these conflicts, also mentions a Possible conflict of interest due to the potential relationship between Zhao, and the president.

CZ faced multiple legal positions in the United States related to violations of financial regulations, mainly due to money laundering. As part of an agreement with the Department of Justice, Zhao declared himself guilty in November 2023, he resigned as CEO of Binance and agreed to pay a personal fine of USD $ 50 million. He then served a four -month prison sentence.

Bloomberg He suggested that CZ could benefit from a relationship with Trump as he seeks a presidential pardon. Zhao and co -founders of World Liberty Financial previously rejected a report that indicated a collaboration enters Binance and the parts.

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Hannah Estefanía Pérez / Diariobitcoin

Image generated with AI tool, under free use license

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