CZ Denies Involvement in Trump-Linked Crypto Deal Amid WSJ Allegations

Changpeng Zhao, the former CEO of Binance, has publicly refuted claims made by the Wall Street Journal regarding his alleged role in brokering deals for a cryptocurrency startup tied to Donald Trump’s inner circle. In a sharply worded response on X, CZ dismissed the report as misleading and agenda-driven.

The WSJ article suggested that Zhao facilitated international expansion for World Liberty Financial (WLF), a crypto venture co-founded by Zach Witkoff, who maintains close ties to the Trump family. The report centered on a meeting in Pakistan involving WLF representatives, implying CZ’s behind-the-scenes involvement.

No specific cryptocurrencies or exchanges were directly implicated in the allegations. The controversy highlights the increasing scrutiny of high-profile figures in the digital asset space as crypto becomes more intertwined with political and institutional networks.