World Liberty Financial (WLFI), a decentralized finance (DeFi) project linked to the Trump family, has strongly denied recent media reports, labeling them as politically motivated and harmful to the broader crypto industry. The project’s response comes amid speculation about its potential involvement in high-profile financial dealings.
WLFI Pushes Back Against Allegations
In a statement posted on X, WLFI rejected reports from The Wall Street Journal, Bloomberg, and other major outlets, urging the public to dismiss what it described as “sensational headlines.” The project reaffirmed its mission to democratize finance and accused certain media platforms of engaging in agenda-driven journalism.
“We encourage you to ignore clickbait and look beyond sensational headlines,” WLFI stated, reinforcing its commitment to its DeFi objectives.
The project further emphasized its strong partnerships with leading blockchain organizations, positioning itself as a significant player in the evolving digital finance landscape.
Media Reports and Binance Speculation
The media reports in question suggested that the Trump family had explored acquiring a stake in Binance.US, possibly through WLFI. These discussions allegedly took place around the same time that Binance founder Changpeng Zhao (CZ) was reportedly seeking a presidential pardon following his 2023 guilty plea for violating anti-money-laundering regulations.
While WLFI did not explicitly address the accusations, its response frames the media coverage as part of a larger “war on crypto” narrative. The project maintains that such reports are intended to undermine the industry’s progress and credibility.
CZ Denies Pardon Talks
Changpeng Zhao also pushed back against the allegations, denying any discussions regarding a clemency deal. He described the reports as inaccurate and politically motivated, further fueling skepticism over the validity of the claims.
WLFI’s firm denial of these media reports underscores the ongoing tension between the crypto industry and traditional financial media. As regulatory scrutiny on digital assets continues to rise, projects like WLFI are likely to remain at the center of both political and financial debates. Whether these allegations hold any merit remains to be seen, but the controversy highlights the growing intersection of crypto, politics, and mainstream finance.
