CZ refutes claims in latest WSJ article on Trump-linked crypto dealings

Business and Finance Business and Finance

Fri, May 23, 2025

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CZ refutes claims in latest WSJ article on Trump-linked crypto dealings

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CZ refutes claims in latest WSJ article on Trump-linked crypto dealings

^{Published on 2025-05-23 08:40:41 - CoinTelegraph}

CZ slams a WSJ report as anti-crypto, calling it flawed and biased, part of a broader effort to stifle crypto growth and leadership in the US.

In a recent development, Changpeng Zhao (CZ), the CEO of Binance, has denied allegations made by The Wall Street Journal (WSJ) that he acted as a "fixer" for wealthy Chinese clients seeking to move money out of China. The WSJ report suggested that CZ used his connections and influence to help these clients bypass Chinese capital controls. In response, CZ took to social media to refute these claims, stating that the WSJ article was filled with "misleading information" and that he had never engaged in such activities. He emphasized that Binance strictly adheres to legal and regulatory requirements in the jurisdictions where it operates. This controversy comes at a time when Binance is already facing scrutiny from various regulatory bodies worldwide, adding to the pressure on the world's largest cryptocurrency exchange.

Read the Full CoinTelegraph Article at:
[ https://cointelegraph.com/news/cz-denies-fixer-claims-wsj-report ]

N@N

CZ refutes claims in latest WSJ article on Trump-linked crypto dealings