DeFi Drama: WLFI Denies Media Reports, Calls Them ‘Politically Motivated’

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In a most distressing turn of events, World Liberty Financial (WLFI), a DeFi project associated with the esteemed Trump family, has been compelled to deny recent media reports, which they deem to be politically motivated and detrimental to the fair reputation of the crypto industry.

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

The unsubstantiated articles in the WSJ, Bloomberg, and elsewhere seem to be politically motivated and demonstrate a troubling pattern of agenda-driven journalism set on damaging the crypto industry. To set the facts straight: WLF is a DeFi project with a tremendous mission to…

— WLFI (@worldlibertyfi) March 14, 2025

The project has also taken the opportunity to highlight its partnerships with leading blockchain organizations, positioning itself as a key player in the industry’s future.

Trump’s Binance stake and CZ’s pardon

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.

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.

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2025-03-14 21:21