World Liberty Financial (WLFI), a company linked to the Trump family, has denied reports of acquiring a stake in Binance.US.
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 unsubstantiated articles in WSJ, Bloomberg, and other outlets appear to be politically motivated and demonstrate a troubling pattern of agenda-driven journalism aimed against the crypto industry,” WLFI emphasized.
On March 13, WSJ and Bloomberg reported plans by the Trumps and World Liberty Financial to acquire a stake in the American business of the cryptocurrency exchange Binance. According to media sources, the intention arose as part of negotiations to resume operations in the US between the platform and the government.
Soon after, the platform’s founder, Changpeng Zhao (CZ), refuted this information. The entrepreneur stated that journalists approached “hundreds of people” to confirm the deal, and more than 20 individuals reported such conversations to him personally. CZ considered the WSJ publication politically motivated.
“We are proud to partner with many leading protocols and organizations advancing the blockchain industry,” stated WLFI in a post.
Earlier, WLFI completed a second round of token sales, bringing the total amount raised to $590 million.