In the grand theater of life, where the stage is set with the flickering lights of ambition and the shadows of intrigue, we find our protagonist, the former CEO of Binance, Changpeng Zhao, affectionately known as CZ. With a flourish of indignation, he has vehemently denied the rather audacious claims that he played the role of a “fixer” in the dealings of World Liberty Financial (WLF). One can almost hear the dramatic music swell as he takes center stage!
In a spirited rebuttal, CZ has accused the Wall Street Journal (WSJ) of crafting yet another “hit piece,” a term that rolls off the tongue with the same ease as a well-aged vodka. He suggests that the publication is fueled by falsehoods and a rather negative intent, as if they were characters in a Dostoevskian novel, plotting against the innocent.
Negative Intentions and Inaccuracies
On the 23rd of May, in a post that could rival the most dramatic of soliloquies, he proclaimed that the WSJ’s reporting had devolved into a classic example of “Cunningham’s Law.” Ah, the irony! Just days before the article graced the pages of the journal, his PR team had been bombarded with questions steeped in erroneous assumptions, as if the reporters had taken a crash course in misinterpretation.
“We informed them of the numerous inaccuracies and baseless inferences,” he lamented, as if he were a tragic hero beset by the fates. The publication, in its relentless pursuit of sensationalism, requested his team to pinpoint the errors, but alas! How can one correct a narrative built on such dubious foundations?
Among the more colorful claims made by the WSJ was the assertion that CZ had facilitated meetings between WLF and government officials in far-flung lands such as Pakistan, Malaysia, and Kyrgyzstan. The article insinuated that he had introduced a certain Mr. Saqib, a Pakistani official, to the WLF team, as if he were a matchmaker in a romantic comedy.
Following his visit to the region, the crypto project promptly named Mr. Saqib as an adviser, further fueling the flames of speculation. The Journal, with the flair of a seasoned storyteller, noted that on April 26, the WLF team had ventured to Pakistan to sign a memorandum of understanding with the government. Oh, the drama!
Yet, our intrepid hero, CZ, has categorically denied these claims. “I am not a fixer for anyone,” he declared, with the conviction of a man who has just been accused of stealing the crown jewels. He clarified that he had not introduced Mr. Saqib to the WLF team, for they were already acquainted, a fact that adds a delightful twist to this tale. Zhao further noted that his first encounter with the Pakistani official occurred during his stay in the country, a detail that could easily be overlooked in the whirlwind of accusations.
In a flourish of rhetoric, the Binance co-founder suggested that the WSJ article was merely a cog in a larger machine, one designed to thwart the progress of the crypto industry. The forces of negativity, he claimed, were at work, seeking to undermine the United States’ aspirations to become the capital of crypto. It’s a conspiracy worthy of a Tolstoy novel!
“There are forces in the U.S. that want to hinder efforts in making the U.S. the capital of crypto. They want to attack crypto, global crypto leaders, and the pro-crypto administration,” he asserted, as if he were rallying the troops for a noble cause.
A History of False Claims
This is not the first time our protagonist has found himself at odds with the WSJ. In March, the newspaper reported that the family of a certain former president was in discussions to invest in Binance.US, and that our hero was seeking a presidential pardon. The audacity! At that time, he dismissed the article as politically motivated, a mere attempt to undermine both the president and the burgeoning crypto industry. Irony, it seems, is a constant companion in this saga.
However, in a twist that would make even the most seasoned novelist raise an eyebrow, he later admitted to formally applying for clemency from the former president. The plot thickens!
More recently, CZ brushed aside allegations from another news piece suggesting he had agreed to provide evidence against Tron founder Justin Sun as part of a plea deal with the U.S. Department of Justice (DOJ). “Oh, please!” one can almost hear him exclaim. He suggested that such reports were likely tied to lobbying efforts aimed at tarnishing his and Binance’s reputation. Sun, in a delightful display of camaraderie, also rejected the claims, referring to Zhao as his “mentor and close friend.” Ah, the bonds of friendship amidst the chaos!
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2025-05-24 14:50