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WLFI denies media reporting, calls it ‘politically motivated’

WLFI denies media reporting, calls it ‘politically motivated’

Crypto.NewsCrypto.News2025/03/13 16:00
By:By Micah ZimmermanEdited by Jayson Derrick

World Liberty Financial, a DeFi project associated with the Trump family, has denied recent media reports, calling them politically motivated and damaging to the crypto industry. 

In a statement posted on X, WLFI pushed back against coverage from The Wall Street Journal , Bloomberg, and other outlets, urging the public to disregard what it described as “sensational headlines.”

“We encourage you to ignore clickbait and look beyond sensational headlines,” WLFI stated, reaffirming its mission to democratize finance. 

The unsubstantiated articles in the WSJ, Bloomberg, and elsewhere seem to be politically motivated and demonstrate a troubling pattern of agenda-driven journalism set on damaging the crypto industry. To set the facts straight: WLF is a DeFi project with a tremendous mission to…

— WLFI (@worldlibertyfi) March 14, 2025

The project also highlighted its partnerships with leading blockchain organizations, positioning itself as a key player in the industry’s future.

Trump’s Binance stake and CZ’s pardon

The media reports in question suggested that the Trump family has considered acquiring a stake in Binance.US, potentially through WLFI. 

These discussions allegedly coincided with Binance founder Changpeng Zhao’s reported efforts to seek a presidential pardon following his 2023 guilty plea for violating anti-money-laundering laws.

https://twitter.com/cz_binance/status/1900482606568763681

While WLFI did not directly address the allegations, its response frames the coverage as part of a broader “war on crypto” narrative. 

Zhao also denied any discussions of a deal for clemency, calling the reports inaccurate and politically driven.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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