Hold onto your wallets, folks! Binance co-founder and ex-CEO Changpeng Zhao (CZ) is calling out The Wall Street Journal for what he calls an anti-crypto “hit piece.” According to CZ, mysterious “forces” in the US are working overtime to keep crypto from becoming as American as apple pie—except with more blockchain and fewer calories. 🥧💸
CZ Denies ‘Fixer’ Claims (And He’s Not Fixing Your Sink Either!)
This Friday, CZ took to X (formerly known as Twitter, but let’s not get into that rebranding mess) to express his disappointment in WSJ’s latest attempt at journalism—or as he calls it, “Cunningham’s Law with negative intentions.” Apparently, the WSJ sent him a questionnaire so loaded it needed its own forklift. 🚜
According to CZ, the questions were packed with “numerous inaccuracies and unfounded inferences.” In other words, it was less journalism, more creative writing class gone rogue.
The WSJ claims CZ played matchmaker for the Trump family’s World Liberty Financial (WLFI) crypto venture—because who doesn’t want a little romance in their financial news? WLFI’s spokesman says CZ and Zach Witkoff are pals, but insists CZ “doesn’t act as a fixer.” Sorry folks, no fixer-upper here! 🛠️
CZ even shared a snippet from the WSJ’s questions, which basically accused him of being the crypto world’s answer to Olivia Pope:
“We understand that CZ has been serving as effectively a fixer for Zach Witkoff and the WLF team in their foreign travels … In recent months, CZ has met with government officials from Pakistan, Malaysia and Kyrgyzstan … We understand that CZ then connected Mr Saqib with the World Liberty Financial team, and a week later after his visit, World Liberty named Mr Saqib an adviser. On April 26, the WLF team arrived in Pakistan to sign a MoU with the government.”
they’re not even invited to those meetings.
Steve Witkoff is apparently both a US Special Envoy to the Middle East and a WLFI co-founder. Multitasking at its finest! Meanwhile, the WSJ dredged up an old article about alleged talks between Trump’s family and Binance over a financial stake—because why not throw in a little presidential intrigue?
Supposedly, this was all part of Binance’s master plan to return to the US and snag an official pardon for CZ. But CZ says nope: “The WSJ article got the facts wrong.” Maybe next time they’ll get it right—or at least get better snacks at their editorial meetings.
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2025-05-24 15:44