Binance’s CZ Denies Bloomberg Report on Trump-Backed USD1 Stablecoin

, By Cointelegraph
Blockchain

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Binance co-founder and former CEO Changpeng “CZ” Zhao has rejected a recent Bloomberg report linking him to a stablecoin issued by World Liberty Financial (WLF), one of the crypto businesses tied to US President Donald Trump.

In a data-ct-non-breakable=”null” href=”https://x.com/cz_binance/status/1943705285098365065″ title=”null”>post on X responding to the investigation, Zhao called the article a “hit piece (sponsored by a competitor)” filled with “so many factual errors” that he “doesn’t even know where to begin.” He added, “Might have to sue them again for defamation.”

The Bloomberg report claimed data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/binance-world-liberty-financial-stablecoin” title=”null”>Binance developed the…



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Binance’s CZ Denies Bloomberg Report on Trump-Backed USD1 Stablecoin

, Published By Cointelegraph
Blockchain


Binance co-founder and former CEO Changpeng “CZ” Zhao has rejected a recent Bloomberg report linking him to a stablecoin issued by World Liberty Financial (WLF), one of the crypto businesses tied to US President Donald Trump.

In a data-ct-non-breakable=”null” href=”https://x.com/cz_binance/status/1943705285098365065″ title=”null”>post on X responding to the investigation, Zhao called the article a “hit piece (sponsored by a competitor)” filled with “so many factual errors” that he “doesn’t even know where to begin.” He added, “Might have to sue them again for defamation.”

The Bloomberg report claimed data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/binance-world-liberty-financial-stablecoin” title=”null”>Binance developed the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News
How to Become an Authorized Person with SMC: Know the Eligibility and Key Benefits
Next News
Apple supplier begins importing iPhone 17 parts to India, trial production to start this month: Report
Cointelegraph

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