CZ: I heard that The Wall Street Journal took money to smear us, showing fear of competition

BlockBeats News, May 23rd, Binance founder CZ responded to a user's question regarding whether the Wall Street Journal had demanded funds to stop slandering him: I heard that the Wall Street Journal took money to smear us. There are rumors that a large venture capital firm that invested in a U.S. cryptocurrency exchange is vigorously lobbying against "Binance's efforts to help the U.S. become the cryptocurrency capital," spending millions of dollars in the lobbying effort, which is a display of fear of competition.

Earlier today, CZ clarified in a post on Platform X that a few days ago, the Wall Street Journal (through its PR team) had presented him with a long series of questions filled with errors and negative assumptions. CZ's team informed them that "there were many inaccuracies and unfounded conclusions." CZ stated that the Wall Street Journal is just a mouthpiece, and there are some forces within the U.S. trying to hinder efforts to make the U.S. the cryptocurrency capital. They want to attack cryptocurrency, attack global cryptocurrency leaders, and governments that support cryptocurrency.