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CZ Blasts Bloomberg’s Trump-Linked Stablecoin Claims, Accuses Coinbase of Contributing to the Story

  • Binance's CZ reposted claims that Coinbase leaked a Bloomberg report linking him and Binance to Trump's crypto venture, viewing it as an effort to undermine Binance.
  • The Bloomberg article alleged that CZ authored USD1's smart contract and sought a presidential pardon after a US$2B UAE deal; CZ called it a 'hit piece' and hinted at suing.
  • Coinbase's legal chief denied involvement, stating that the company didn't contribute to the story and doesn't attack competitors.
  • The news revolves around accusations and denials between Binance's CZ and Coinbase regarding a Bloomberg report linking them to Trump's crypto venture and a potential presidential pardon.

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