Binance founder Changpeng Zhao, commonly known as CZ, publicly opposed what he called “another critical article” from The Wall Street Journal, claiming the publication distorted the truth and operated with negative intent.

Speaking on X (formerly Twitter), CZ criticized WSJ for abandoning journalism in favor of what he called Cunningham's Law, citing the idea that "the best way to get the right answer on the Internet is not to ask a question; but to post the wrong answer."

“This is NOT how the press should operate,” CZ wrote. He added that a few days earlier, WSJ had sent a list of questions through his public relations team, which was filled with “false and negative assumptions.”

According to CZ, when Binance pointed out that there was "a lot of inaccurate information and baseless inferences," WSJ responded by asking for specific corrections. But CZ said the issue was not just a few factual errors but the entire story.

“When you fabricate a story with a negative intent from the outset, there’s no way to correct the 'inaccuracies.' That is the whole story,” he wrote.

CZ shared excerpts from WSJ's questions, one of which included:

“We understand that CZ actually played the role of a fixer for Zach Witkoff and the WLF team during their overseas trips… In recent months, CZ has met with government officials from Pakistan, Malaysia, and Kyrgyzstan… We understand that afterward, CZ connected Mr. Saqib with the World Liberty Financial team, and a week after his visit, World Liberty appointed Mr. Saqib as an advisor. On April 26, the WLF team went to Pakistan to sign a Memorandum of Understanding with the government.”

According to CZ, WSJ then published the following line in their report:

“The person facilitating the introduction for World Liberty's overseas trip is Changpeng Zhao, the founder of the cryptocurrency exchange Binance… A spokesperson for World Liberty said Zhao and Zach Witkoff are friends, but Zhao did not act as a fixer.”

Regarding this issue, CZ responded:

“Fact: I am not a fixer for anyone. I did NOT 'connect Mr. Saqib with the WLF team.' They have known each other for a long time, while I only met Mr. Saqib for the first time in Pakistan. I did NOT make any 'introductions for World Liberty's overseas trips.'”

He concluded his statement by suggesting a broader motive behind the report:

“WSJ is merely a mouthpiece. There are forces in the United States that want to hinder efforts to make the U.S. the capital of cryptocurrency. They want to attack cryptocurrency, global cryptocurrency leaders, and pro-crypto administrations.”