title: CZ Denies Allegations from The Wall Street Journal Article That He Acted as an Intermediary Between WLF and Bilal bin Saqib

Changpeng “CZ” Zhao, the founder and former CEO of Binance, has denied allegations from an article published by The Wall Street Journal

Changpeng “CZ” Zhao, the founder and former CEO of Binance, has shot down claims made by The Wall Street Journal that he acted as an intermediary between the World Liberty Financial (WLF) team and tech entrepreneur Bilal bin Saqib.

The Journal article, titled “Crypto Opps, Family Ties And A Tech Mogul,” appeared to be focused on presenting an instance where diplomatic efforts by the Trump administration to foster closer ties with Pakistan were linked to the private crypto endeavors of a U.S. tech entrepreneur.

The article claimed that the WLF organization, which has ties to Trump’s family, was introduced to several foreign investors, including Bilal bin Saqib.

However, taking to X, formerly known as Twitter, CZ put forth a different perspective. He asserted that he is not a fixer and had no role to play in bringing together World Liberty Financial and Saqib.

“Another hit piece from the Wall Street Journal. They’re not doing journalism anymore. They’ve pretty much resorted to Cunningham’s Law, which is ironic, considering they’re trying to portray me in a negative light. But I think it’s clear to everyone what’s going on here. They’re trying to hit a narrative and they’re doing it maliciously,” said CZ.

Cunningham’s Law states that the best way to get the right answer on the Internet is not to ask a question; it’s to post the wrong answer.

“They’re focused on creating a narrative to put America against crypto. They’re the ones who want to keep the U.S. behind in this new technology. They’re the ones who want to see crypto banned in the U.S. They’re the ones who want to attack crypto, global crypto leaders, and the pro-crypto administration.”

CZ and the Journal have sparred before, notably when he criticized the publication for reporting that he had discussed allowing Trump to purchase a stake in Binance.US.