Binance’s founder just detonated a truth bomb on legacy media, torching a high-profile WSJ article as a deceptive missile in a war to crush crypto’s rise.
Binance’s Founder Slams WSJ as Puppet in Covert Campaign to Kill Crypto
Oh, dear reader, hold onto your monocle, because the Binance founder, Mr. Changpeng Zhao (CZ for the hip crowd), has just dropped a bombshell that would make even the most hardened tabloids blush. In a post on the ever-so-charming platform X on May 23, CZ gave the Wall Street Journal (WSJ) the dressing down of a lifetime, accusing them of publishing a “hit piece” that was so full of inaccuracies it could make a circus clown’s wardrobe look well-put-together. But wait, there’s more – he went further to claim this wasn’t journalism at all, but rather a nefarious plot to stifle the rise of crypto. 🧐
In a move that could only be described as dazzlingly bold, Zhao invoked Cunningham’s Law, which, if you don’t know, is a clever tactic that essentially claims the best way to get the correct answer on the Internet is to post the wrong one. “Ah, that’s how it’s done, folks!” said CZ, pointing out that the WSJ’s attempt to frame the crypto narrative was not only wrong but downright duplicitous.
He went on to reveal that the WSJ had sent his PR team a series of questions based on false premises. And here comes the best part: Mr. Zhao, ever the philosopher, mused:
If you get a couple of factual errors wrong, it’s possible to fix. When you make up a story with negative intentions to begin with, there is no way to fix the ‘inaccuracies.’ It’s the entire story.
Now, here’s where it gets juicy – the WSJ had gone full throttle, claiming that CZ was acting as a “fixer” for World Liberty Financial (WLF), introducing foreign officials to WLF members. As if! Mr. Zhao was quick to set the record straight, saying, “I did NOT introduce Mr. Saqib to the WLF team. Those two had met ages ago. As for the foreign trips? I wasn’t the travel agent. Get a grip, folks.”
Not satisfied with merely tossing a bucket of cold water on the article’s claims, Zhao didn’t hesitate to add some spice. In his follow-up post, he suggested that the WSJ might’ve been working under the influence of some deep-pocketed, crypto-hating villains. Apparently, a major venture capitalist who had backed a U.S. crypto exchange wasn’t thrilled about Binance’s growing influence in the States and, rumor has it, paid a small fortune to ensure Binance’s efforts were thwarted. “They didn’t just smear – they got paid to smear!” CZ exclaimed, practically shaking his fist at the sky. The horror! 😱
According to Zhao, the WSJ isn’t just a rogue journalist – it’s a puppet in a much larger game being played by forces who are desperately trying to keep the U.S. from becoming the capital of crypto. He’s convinced the whole thing is a strategic campaign against the entire industry, the global leaders in crypto, and the pro-crypto administration. An evil plot worthy of a Bond villain, if ever there was one.
Of course, supporters of crypto have weighed in, pointing out that Zhao’s dealings with international leaders are just the way the global financial system operates. Nothing to see here, folks – move along! But with all these moving parts and money flying around, one can’t help but wonder if this battle for crypto’s soul is about to get even more entertaining. 🍿
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2025-05-24 03:58