WLFI: Bloomberg and WSJ's misinformation reports are either politically motivated or intended to harm the cryptocurrency industry

BlockBeats News, March 15, the Trump family's crypto project World Liberty Financial made an official statement on social media in response to recent reports by The Wall Street Journal and Bloomberg:

「The related unverified articles seem to be politically motivated, demonstrating a troubling agenda-driven journalism model aimed at damaging the cryptocurrency industry. To clarify the facts: WLFI is a DeFi project with the great mission of building and democratizing a new financial system for millions of people. It's as simple as that. We are proud to collaborate with many leading protocols and organizations driving the blockchain industry forward. For anyone interested in the facts, we encourage you to ignore clickbait and sensational headlines. Instead, please await important updates directly from us regarding what we are building.」

BlockBeats previously reported that yesterday The Wall Street Journal published an article questioning Trump's use of the family company to bribe Binance, claiming the Trump family is negotiating an investment in Binance.US. Bloomberg reported that the Trump crypto project WLFI had discussed with Binance the possibility of collaborating on stablecoin development.