WLFI Denies Media Reporting, Calls It Politically Motivated

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

In a statement posted on X, WLFI pushed back against coverage from The Wall Street Journal, Bloomberg, and other outlets, urging the public to disregard what it described as “sensational headlines.”

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

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

The media reports in question suggested that the Trump family has considered acquiring a stake in Binance.US, potentially through WLFI. 

These discussions allegedly coincided with Binance founder Changpeng Zhao’s reported efforts to seek a presidential pardon following his 2023 guilty plea for violating anti-money-laundering laws.

https://twitter.com/cz_binance/status/1900482606568763681

While WLFI did not directly address the allegations, its response frames the coverage as part of a broader “war on crypto” narrative. 

Zhao also denied any discussions of a deal for clemency, calling the reports inaccurate and politically driven.

RECENT NEWS

Ether Surges 16% Amid Speculation Of US ETF Approval

New York, USA – Ether, the second-largest cryptocurrency by market capitalization, experienced a significant surge of ... Read more

BlackRock And The Institutional Embrace Of Bitcoin

BlackRock’s strategic shift towards becoming the world’s largest Bitcoin fund marks a pivotal moment in the financia... Read more

Robinhood Faces Regulatory Scrutiny: SEC Threatens Lawsuit Over Crypto Business

Robinhood, the prominent retail brokerage platform, finds itself in the regulatory spotlight as the Securities and Excha... Read more

NFT Market Sends Mixed Signals: Buyers Show Up, But Spending Is Down

Sales are down, and purchases are up in the non-fungible tokens (NFT) market. Over the past seven days, CryptoSlam has s... Read more

Ethereum To Achieve Instant Finality? Vitalik Buterins Roadmap Aims To Silence Critics

Ether had the worst first quarter in seven years regarding price action. Nevertheless, the Ethereum platform continues t... Read more

New DeFi Platforms Emerge As Stock Markets Turn Chaotic

The crypto community embraced President Trump and was rewarded with anti-regulatory policies. However, the trade war, fe... Read more