WLFI denies media reporting, calls it ‘politically motivated’

World Liberty Financial, a DEFI project associated with the Trump family, denied recent media reports, calling them politically motivated and damaging to the cryptographic industry.

In a statement Posted on X, WLFI has rejected Wall Street Journal coverBloomberg and other points of sale, urging the public to ignore what he described as “sensational titles”.

“We encourage you to ignore the clicks and look beyond the sensational headlines,” said WLFI, reaffirming its mission to democratize finance.

The project also highlighted its partnerships with the main blockchain organizations, positioning itself as a key player in the future of industry.

Trump’s Binance’s stake and CZ forgiveness

The media reports in question suggested that the Trump family has planned to acquire participation in Binance.us, potentially via WLFI.

These discussions would have coincided with the reported efforts of the founder of Binance, Changpeng Zhao, to ask for a presidential forgiveness following his guilt plea for 2023 for violation of the anti-white money laws.

Although WLFI did not directly deal with allegations, its answer supervises the coverage as part of a broader story of the “war against cryptography”.

Zhao also denied any discussion on an agreement for the leniency, calling inaccurate and politically motivated relationships.