CZ Denies ‘Fixer’ Role in World Liberty Financial Deals
The post CZ Denies ‘Fixer’ Role in World Liberty Financial Deals appeared on BitcoinEthereumNews.com.
Former Binance CEO Changpeng Zhao (CZ) has denied claims that he acted as a “fixer” in dealings involving World Liberty Financial (WLF). CZ is accusing the Wall Street Journal (WSJ) of publishing another “hit piece” based on false information and negative intent. Negative Intentions and Inaccuracies In a May 23 X post, he claimed the media outlet’s reporting had changed into a textbook case of “Cunningham’s Law.” Zhao explained that a few days before the article was published, the company’s PR team had sent him several questions based on false assumptions. “We told them there were numerous inaccuracies and unfounded inferences,” he wrote. The publication asked his team to identify the errors, but he explained that a story can’t be corrected when built on negative intentions from the start. Among the claims made in WSJ’s inquiry was that CZ had helped WLF arrange meetings with government officials in Pakistan, Malaysia, and Kyrgyzstan. The article suggested that he introduced a Pakistani official, Mr. Saqib, to the WLF team. A week after his visit to the region, the crypto project named the man an adviser. Further, the Journal emphasized that on April 26, the WLF team traveled to Pakistan to sign an MOU with the government. However, the former exchange executive has denied these claims. “I am not a fixer for anyone,” he stated. He also clarified that he did not connect Mr. Saqib with the WLF team, pointing out that they already knew each other. Zhao added that he had met the Pakistani official for the first time during his stay in the country. The Binance co-founder also suggested that the WSJ article was part of a broader agenda to stop progress in the crypto industry. “There are forces in the U.S. that want to hinder efforts in making the U.S. the…
Filed under: News - @ May 24, 2025 12:17 pm