The cryptocurrency project WLFI has issued a statement in response to reports from The Wall Street Journal and Bloomberg, calling them unfounded and politically motivated.
WLFI's Response to Media Reports
WLFI accused journalists of spreading 'agenda-driven journalism' aimed at harming the crypto industry.
Rumors of Talks with Binance
Bloomberg reported that WLFI, known as World Liberty Financial, was in talks with Binance over a potential collaboration to create a US dollar-backed stablecoin. However, the extent of the negotiations and whether any formal agreements have been reached remain unclear.
WLFI's Mission and Collaborations
WLFI positions itself as a decentralized finance startup with a mission to democratize the financial system. The project also emphasized partnerships with leading protocols and organizations within the blockchain industry, stressing the importance of verified information over sensational headlines.
WLFI continues to pursue its mission of democratizing the financial system, refuting unverified rumors and information.