CZ relance la machine à rumeurs… et Coinbase est dans le viseur
Amidst the summer crypto drama, Changpeng Zhao (CZ), the founder of Binance, has stirred up controversy. He shared a tweet accusing Coinbase of being behind an explosive Bloomberg report on the pro-Trump crypto project, World Liberty Financial (WLF).
Trump, Binance, stablecoin: the ingredients of a thriller
Bloomberg’s investigation reveals an unexpected alliance: the stablecoin called USD1, issued by WLF and linked to Donald Trump, was allegedly developed by Binance. This same stablecoin was reportedly used in a $2 billion deal involving a sovereign fund from the Emirates.
Coinbase denies it completely: ‘pure misinformation’
Faced with this viral rumour, Paul Grewal, Coinbase’s Chief Legal Officer, immediately denied it outright:
‘This is pure misinformation. We do not attack our competitors.’
According to him, Coinbase has no involvement in this matter and remains focused on a collective market vision.
CZ ready to counterattack in court?
In a sharp response, CZ labels the article a ‘hit piece sponsored by a competitor’, filled with ‘factual errors’. And he hints at a possible legal action:
‘I might have to sue them again for defamation.’
This is not the first time CZ has spoken out against the media. But the context is unique: released from prison in 2024, the former CEO of Binance now seeks to rebuild his reputation and influence.
A comeback in politics… and business?
Behind the scenes, CZ continues his comeback on the global stage. He has recently signed consultancy agreements in Kyrgyzstan and Pakistan to develop local blockchain regulation. But his biggest bet remains in the US: a pardon from Trump could change everything.
Between power struggles, legal retaliation, and geopolitical ambitions, this case goes beyond the simple crypto realm.
