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Binance co -founder and former CEO of ChangPeng “CZ” ZHA rejected the recent Bloomberg report, which linked it to Stablecoin published by World Liberty Financial (WLF), one of the crypto businesses linked to US President Donald Trump.
In a post As for the X that responded to the investigation, Zhao described the article as “Hit piece (sponsored by a competitor)” filled with “so many factual errors” that “does not even know where to start”. He added, “Maybe he will have to sue them for defamation.”
The Bloomberg report claimed Binance developed the original intelligent contrast code For USD1, Stablecoin issued by World Liberty Financial, a company associated with former President Donald Trump.
It also claimed that Zhao asked for presidential forgiveness shortly after USD1 Used in a shop of $ 2 billion involving the investment of a fund based on the UAE in Binance. More than 90% of USD1 chips are reportedly remained in binance wallets and potentially generates tens of millions of annual interest income.
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Bloomberg’s fake binance ponzi
Zhao’s Tweet referred to the previous legal dispute with Bloomberg and referred to an apology of July 2024 from the Chinese language of the publication.
This statement downloaded Article 2022 accusing binance of running a ponzi scheme and called the title “false and unfounded”. At that time, Bloomberg agreed to provide a charity gift instead of remuneration.
Zhao confessed to one criminal number As part of the settlement with the US authorities in 2023. Although he has already served in prison for four months, he said in May that he was I am looking for presidential grace from Trump. Such grace could potentially allow Zhao to return to a managerial or surgical role in the American cryptometer.
Trump’s Crypto Ventures, including World Liberty Financial, his official contributions to MEMECoin and Crypto Executive Campaign, attracted control from US lawmakers before he took the office.
Republican leaders in the house are ready to consider three crypto accountsIncluding the Genius Act, which regulates payment stablecoins. The bill was approved by the Senate with the support of Bipartisan despite Initial democratic opposition Because of Trump’s cryptome interests.
Related: Binance binding to the Kenyan crypt plate increases monopoly concerns: message
Zhao’s beef with WSJ
Zhao also in April Rejected the Wall Street Journal message This argued that he agreed to provide evidence against the founder of Tron Justin Sun in the framework of an agreement with the Ministry of Justice of the United States.
“WSJ is really trying here. They seem to have forgotten who went to prison and who didn’t,” Zhao wrote in the position of April 12. “People who witness the government do not go to prison. They are protected. I have heard someone paid WSJ employees to blur me.”
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