CZ: Bloomberg publishes another fake article sponsored by a competitor, may sue for defamation again

By: odaily.com|2025/07/12 00:56:33

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Odaily News CZ posted on X platform: “Bloomberg just published another offensive article (sponsored by a competitor) that contains so many factual errors I don’t even know where to begin.
Might have to sue them for defamation again.”
Bloomberg previously reported (https://www.bloomberg.com/news/features/2025-07-11/trump-s-crypto-link-with-binance-raises-conflict-of-interest-questions) that Binance had written smart contract code for the stablecoin USD1 of World Liberty Financial, a company owned by the Trump family, and assisted in promoting and participating in its largest transaction (UAE fund MGX used USD1 to purchase $2 billion in Binance shares). Currently, more than 90% of the issued USD1 is still in the Binance wallet, and the related interest income may bring about $30 million to the Trump family each year. The news has aroused concerns about the conflict of interest between President Trump and CZ in a potential pardon exchange.

-- Price

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