In a statement published on X, WLFI protested the coverage by The Wall Street Journal, Bloomberg and other media outlets and called on the public to ignore “sensational headlines.”
WLFI reaffirmed its mission to democratize finance, stating, “We urge you to ignore the clickbait and look beyond the sensational headlines.”
The project also highlighted its partnerships with leading blockchain organizations, positioning itself as a major player in the future of the industry.
Related media reports suggest that the Trump family was considering acquiring a stake in Binance.US, possibly through WLFI.
These discussions reportedly coincide with reports of Binance founder Changpeng Zhao’s efforts to seek a presidential pardon in 2023 after pleading guilty to violating anti-money laundering laws.
While WLFI did not respond directly to the allegations, its response presented the coverage as part of a larger narrative about a “war on crypto.”
Zhao denied any discussions on a pardon agreement and called the reports inaccurate and politically motivated.
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