DeFi Project World Liberty Financial Challenges Media Reports
World Liberty Financial (WLFI), a DeFi project linked to the Trump family, has refuted recent media claims. The project argues these reports are politically motivated and harmful to the crypto sector.
On X, WLFI released a statement criticizing coverage from The Wall Street Journal, Bloomberg, and others. They urged the public to dismiss what they called “clickbait headlines.” WLFI reaffirmed its goal of making finance more accessible.
WLFI believes the articles are part of a pattern of biased journalism aimed at hurting the crypto industry. They highlighted their partnerships with top blockchain groups, emphasizing their role in the industry’s future.
Media reports suggested the Trump family might acquire a stake in Binance.US through WLFI. This was reportedly linked to Binance founder Changpeng Zhao’s efforts to seek a presidential pardon after his 2023 guilty plea for violating anti-money-laundering laws.
WLFI did not address these specific allegations. Instead, they framed the coverage as part of a broader “war on crypto.” Zhao also denied any discussions about a pardon deal, calling the reports inaccurate and politically driven.
For more on Zhao’s stance, check out his tweet.
