Crypto Titans Deny Collusion Claims Over Trump-Linked DeFi Platform As Binance Founder Slams ‘Smear Campaign’
Key players from the crypto sector, namely World Liberty Financial and Binance, are pushing back against allegations suggesting they jointly promoted a decentralized finance project associated with Donald Trump.
The controversy erupted following a Wall Street Journal article that implied Binance founder Changpeng Zhao had supported foreign outreach for the DeFi platform, according to The Block reporting published on Friday.
Zak Folkman, a co-founder of World Liberty Financial (WLFI), posted a firm rebuttal on social media on Friday, dismissing claims that Zhao, widely known as “CZ,” acted as a behind-the-scenes facilitator for WLFI or its fellow co-founder, Zach Witkoff.
Folkman called the idea “laughable” and categorically untrue.
The Wall Street Journal had hinted at potential connections between Zhao and WLFI’s efforts to establish a presence in countries such as Pakistan, …
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