- The World Liberty Financial denied claims to the reports that it was demanding a ownership stake in Binen’s US, calling them “politically motivated” and “agenda-managed journalism”.
- Binen’s founder Changpeng Jhao also said that there was no discussion with President Trump’s family or anyone for ownership share in Binen’s US.
- The Wall Street Journal and Bloomberg reported that President Donald Trump’s family is interacting to partner with the company’s US arm.
Donald Trump-Sam-Sam-Sama-Samvadh Liberty Financial (WLFI) on Friday denied reports that it was searching for a deal for the United States (US) Binenns Exchange, including a stake in the company.
Binance founder Changpeng Jhao (CZ) also refused the first reports on Thursday, claiming that he did not talk to Trump’s family about such a partnership. This Wall Street Journal and Bloomberg come after publishing the report alleging that President Trump’s family is searching for an agreement with Benance, including an forgiveness for the founder of the company.
WLFI and CZ cleaned the air on the Binense Partnership Rumors
WLFI denied claims that it is demanding a ownership stake in the banns, called “unsafe”.
WLFI wrote in an X post on Friday, “Unrelated articles in WSJ, Bloomberg and other places seem politically motivated and display a disturbed pattern of journalism-based journalism set to damage the crypto industry.”
Benance founder Changpeng Jhao also denied the claims, saying that he had not discussed the forgiveness deal with the Trump administration.
It follows a report from the Wall Street Journal that stated that the CEO of the former Binens “is emphasizing to give him an apology for the Trump administration.”
“Sorry to disappoint. The WSJ article found the facts wrong,” CZ said in an X post on Thursday.
He claimed that the allegation could be the work of “special forces” from the alleged “war on Crypto” of the previous presidential administration. Zhao also denied the claim that the Trump family was demanding a deal with Benance for a stake in their American hand.
He said, “I have not had any discussion with a binense … Okay, anyone,” he said.
Zhao spent four months in an American prison in 2024, after a petition guilty for allegations, including failure to implement the Binens US Exchange sufficient Anti-Mani Laundering (AML) procedures.
The Wall Street Journal report suggested that representatives of President Trump’s family interacted to hold a financial stake in the US arm of Benance. It claimed that Benance reached Trump’s colleagues last year, demanding an attack on a deal with the President during his campaign.
The report alleges that Trump’s World Liberty Financial (WLFI) was involved in the discussion citing sources familiar with the case.
Bloomberg also released a report alleging claims similar to the Wall Street Journal. The report mentions that Binance and WLFI are searching for a partnership that includes making an US dollar stabechoin.
4 x2 fud, with a history
Therefore, Bloomberg had “another media” in my earlier post. He simply published his baseless hit piece after WSJ, with statements:
“It is unclear at which phase the discussions have reached or will they result in any transactions or undertakings” … https://t.co/xv1ofme0vZ
– CZ BNB (@cz_binance) March 13, 2025
However, CZ also denied his claims. He wrote on X, “I/binance have no commercial deals with those mentioned in WLF or their articles. We did not buy any coins of WLF.”
