Binance co-founder CZ denies 'fixer' claims, slams WSJ report

Summary

Changpeng “CZ” Zhao, co-founder and former CEO of Binance, criticized a Wall Street Journal report as a “hit piece” filled with inaccuracies regarding his involvement with World Liberty Financial (WLF), a decentralized finance project linked to Donald Trump’s business associates. Zhao denied claims that he acted as a “fixer” for WLF, asserting he did not facilitate meetings or connections for the company during foreign trips. The WSJ investigation raised concerns about the intersection of public duties and private interests involving WLF co-founders, including potential overlaps with diplomatic efforts. Zhao is seeking a pardon from the Trump administration for a past money laundering conviction. He accused the WSJ of promoting anti-crypto narratives and attempting to undermine the cryptocurrency industry in the U.S. Zhao has previously refuted other WSJ reports alleging his cooperation with U.S. prosecutors against Tron founder Justin Sun.

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