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Michigan Post > Blog > Crypto & Web 3 > Changpeng Zhao says WSJ was paid to smear him
Crypto & Web 3

Changpeng Zhao says WSJ was paid to smear him

By Editorial Board Published May 23, 2025 2 Min Read
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Changpeng Zhao says WSJ was paid to smear him

Binance co-founder Changpeng Zhao has as soon as once more claimed that The Wall Avenue Journal (WSJ) is waging a smear marketing campaign towards him in an effort to derail his firm’s efforts to assist make the US the “capital of crypto.”

“No, but I heard they were paid to smear,” he replied, including, “Rumor has it that a major VC who invested in a US crypto exchange is lobbying hard against ‘Binance helping US to become the capital of crypto.’”

In response to Zhao, “millions” have been paid in lobbying efforts on account of “fear of competition.”

No, however I heard they had been paid to smear. Rumor has it {that a} main VC who invested in a US crypto trade is lobbying exhausting towards “Binance helping US to become the capital of crypto.” Hundreds of thousands paid in “lobbying efforts.” Concern of competitors. 😂

— CZ 🔶 BNB (@cz_binance) Could 23, 2025
The smear declare from Changpeng Zhao.

The outburst got here simply hours after Zhao had moved to distance himself from the WSJ’s claims that he acted as a “fixer” for Donald Trump’s World Liberty Monetary (WLF).

The publication had implied that he launched the WLF crew to various influential figures, together with authorities officers from Pakistan, Malaysia, and Kyrgyzstan.

Nonetheless, Zhao roundly refuted these claims, saying, “I am not a fixer for anyone. I did NOT ‘connect Mr. Saqib (tech entrepreneur Bilal bin Saqib) with the WLF team.’”

He added, “They had known each other way back, whereas I only met with Mr. Saqib for the first time in Pakistan. I did NOT make any ‘introductions for World Liberty’s foreign travels.’”

Zhao additionally claimed on this rebuttal that “WSJ is simply the mouthpiece. There are forces within the US that wish to hinder efforts in making the US the capital of crypto.

“They want to attack crypto, global crypto leaders, and the pro-crypto administration.”

TAGGED:ChangpengPAIDsmearWSJZhao
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