WLFI Denies Media Reporting, Calls It Politically Motivated
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 project also highlighted its partnerships with leading blockchain organizations, positioning itself as a key player in the industry’s future.
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.
Crypto Firms Push Into US Banking
America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more
Ether Surges 16% Amid Speculation Of US ETF Approval
New York, USA – Ether, the second-largest cryptocurrency by market capitalization, experienced a significant surge of ... Read more
BlackRock And The Institutional Embrace Of Bitcoin
BlackRock’s strategic shift towards becoming the world’s largest Bitcoin fund marks a pivotal moment in the financia... Read more
Robinhood Faces Regulatory Scrutiny: SEC Threatens Lawsuit Over Crypto Business
Robinhood, the prominent retail brokerage platform, finds itself in the regulatory spotlight as the Securities and Excha... Read more
Analyst: Bitcoin Price Rejects Key Resistance But Uptrend View Remains Intact
Bitcoin’s price in its early-December drop reflects algorithmic flows, thin liquidity, and a resistance retest, with v... Read more
Ripple Secures Expanded Payment License From The Monetary Authority Of Singapore
Ripple Labs has secured an expanded license from Singapore’s central bank, adding to its already strong regulatory foo... Read more