Binance’s CZ Threatens Lawsuit Over Bloomberg Stablecoin Claims

Binance’s CZ Threatens Lawsuit Over Bloomberg Stablecoin Claims

Binance co‑founder and former CEO Changpeng “CZ” Zhao has strongly rebuked a recent Bloomberg article that tied him to USD1, a stablecoin issued by Trump-affiliated World Liberty Financial (WLF). CZ labeled the piece a “hit piece (sponsored by a competitor)” riddled with “so many factual errors” and signaled intentions to pursue legal action for defamation. In response on X, Zhao asserted he “doesn’t even know where to begin,” suggesting Bloo...

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