KeyTakeaways:
Changpeng Zhao denies the WSJ report, claiming he sought a pardon from the US authorities.CZ refutes accusations of negotiating a Binance stake sale with World Liberty Monetary.Binance CEO emphasizes his management of the corporate, holding 90% of the stake.
Changpeng Zhao, often called CZ, has responded to a Wall Road Journal (WSJ) article that claimed he was negotiating with the US authorities for a presidential pardon. The favored cryptocurrency determine has denied the allegations, stating that the report was inaccurate.
CZ Responds to False Claims
In a sequence of tweets, CZ addressed the misinformation unfold by the Wall Road Journal. He dismissed the article’s claims about him searching for a pardon from the US authorities. “Sorry to disappoint. The WSJ article acquired the details incorrect,” he tweeted, denying any discussions relating to a pardon. He additionally emphasised that the article misrepresented the details, suggesting the publication could have tried to manufacture a narrative.
CZ elaborated on his response by explaining that WSJ had reached out to quite a few folks seeking data. He mentioned that dozens of people had contacted him to tell him in regards to the article’s contents. “In essence, they tried laborious to make a narrative to report,” CZ said, criticizing the publication’s strategy. He additionally famous that he stays in full management of Binance, holding 90% of the corporate’s stake.
The Declare of Binance Stake Negotiations
Along with the allegations in regards to the pardon, the WSJ article additionally steered that Zhao was in talks with World Liberty Monetary relating to the sale of a stake in Binance. The article fueled hypothesis by showcasing photographs of CZ and Trump, additional insinuating the potential of negotiations between them.
Nonetheless, CZ made it clear that no such negotiations had taken place. He said that there had been no discussions associated to promoting a stake in Binance to the corporate related to Trump. Changpeng Zhao’s rebuttal of the Wall Road Journal’s claims clarifies that no pardon discussions or Binance stake negotiations are occurring. The cryptocurrency mogul’s statements serve to debunk the current claims and spotlight the misinformation within the WSJ article.
