The Trump family’s cryptocurrency project, World Liberty Financial (WLFI), has sharply criticized recent WSJ and Bloomberg articles regarding the crypto industry. WLFI claims these reports are politically motivated, targeting the cryptocurrency sector.
Trump Family and Binance.US Allegations
According to WSJ, the Trump family is considering investing in Binance’s U.S. branch, Binance.US, and has made certain requests during this process. Bloomberg alleged that WLFI was in talks regarding possible stablecoin development plans with Binance.US. However, WLFI contends that these claims are not true and that the public is being deliberately misled.
WLFI’s Statement on Binance.US
Sources close to the Trump family indicated that the WSJ and Bloomberg reports are sensationalized and far from reality. The WLFI team urged caution against misleading news and reiterated their commitment to transparency in the project. They also mentioned collaborating with leading industry platforms, promising more details about the project through official announcements.
WLFI’s Strong Message to the Crypto Sector
The WLFI team believes their project is crucial for the future of decentralized finance. They stated that they are working with strong partners supporting blockchain sector development and possess a long-term vision. WLFI advised the community not to fall for “manipulative news” about the cryptocurrency sector and to follow accurate information from the project’s official channels. In their statement, WLFI noted that the allegations brought up by WSJ and Bloomberg aim to overshadow the fundamental purpose of the project. They conveyed that WLFI offers a structure that supports financial freedom and aims to establish a new financial system for millions.
WLFI expressed confidence in their project and cautioned the crypto community against trusting unreliable sources, advising focus on official channels.
