Changpeng “CZ” Zhao, co-founder and former CEO of Binance, is clapping back at Wall Street Journal once again, this time over claims he brokered deals for Trump-linked crypto firm World Liberty Financial.

In the WSJ piece, the report suggested that CZ may have played a role in helping to open doors for World Liberty Financial, facilitating introductions and high level meetings for WLF executives, including co-founder Zach Wifkoff, during foreign trips such as a recent visit to Pakistan.

CZ Denies Allegations

In an X post, CZ has criticized the publication's portrayal of his alleged involvement with World Liberty Financial, saying WSJ is "resorting to Cunningham's law with negative intentions."

In his post, CZ also clarified that he is not a fixer for anyone, while firmly denying that he aided WLF to connect with Pakistani official Mr. Saqib.

"They had known each other way back whereas I only met with Mr. Saqib for the first time in Pakistan."

World Liberty Financial co-founder Zak Folkman also condemned the WSJ on X, saying the claims are false and laughable.

"The suggestion that CZ acted as a 'facilitator' or 'fixer' for Zach Witkoff or WLFI is not only false, it's laughable."

This isn't the first time the WSJ has accused CZ of doing something like this. Just last month, WSJ published another article claiming that CZ has has agreed to testify against Tron founder Justin Sun as part of his settlement deal with U.S prosecutors.

Last year, Zhao was released from prison after serving four months. He pleaded guilty in 2023 to failing to maintain an "effective anti-money laundering program" and was fined $50 million.

CZ later slammed WSJ, calling it a mouthpiece for anti-crypto forces in the United States. CZ claimed that there are forced behind the publication who is trying to hinder the effort to make the U.S a crypto capital.

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

The Blurring Of Lines Between Politics and Crypto

While the WSJ report's accuracy could be debatable, but one thing for sure is that these articles does shed light on the growing blurring on lines between politics and the crypto world.

One of such example would be the controversial friendship between President Donald Trump and Tron founder Justin Sun.

Just recently, Democratic lawmakers has just initiated a probe and started investigating if Trump was the mastermind who have given the SEC the order to drop all of Sun's investigations.

During the congressional hearing, Democratic Representative Glenn Ivey questioned the newly appointed SEC chairman Paul Atkin regarding Sun's 30 million token purchase from World Liberty Financial.

"This frankly to me, smells very bad. My hope would be that the SEC would be investigating that piece."

But Atkin later clarified that the Sun case hasn't been completely dropped, and the investigation into the case is still active.

Sun was also one of the well-esteemed guests who have attended Trump's recent gala dinner on May 22. Other famous names who have attended the event include Majic Eden CEO Jack Lu and BitMart CEO Sheldon Xia.