CoinWorld news, Coinbase Chief Legal Officer Paul Grewal publicly denied on the X platform the company's involvement in negative reports against the World Liberty Financial project and Binance.

Previously, Matt Wallace claimed to have evidence showing that Coinbase was the anonymous source of these "aggressive reports" and suggested that it might be related to former Binance CEO CZ potentially receiving a pardon. Grewal responded: "This is purely misinformation. We absolutely did not participate in this report, we do not attack our competitors, we welcome any companies whose common goal is to expand the crypto market."