Bloomberg claims Binance helped WLFI write USD1 codes, CZ accuses the former of inaccurate reporting

Crypto 7x24

2025-07-12 02:18:09

1.88W

Online reports that Bloomberg reported on Friday citing three people familiar with the matter that Binance helped WLFI create (write the basic code) and promote the USD1 stablecoin before CZ sought pardon, and played a role in one of its largest transactions. In response, CZ said that Bloomberg's article was sponsored by competitors and contained multiple factual errors.

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