Coinbase's Chief Legal Officer Denies Intent to Smear Binance and WLFI

BlockBeats News, July 15th, Coinbase Chief Legal Officer Paul Grewal posted a statement denying the intention to smear Binance and WLFI. Paul Grewal said, "This is purely a rumor, we absolutely did not participate in this matter. We will not attack competitors and welcome any enterprise with a common goal, dedicated to expanding the cryptocurrency market."

On July 13th, CZ retweeted a tweet by Matt Wallace, the content of which is as follows: "There is evidence to show that Coinbase may be the 'anonymous' whistleblower, intending to smear World Liberty Financial and Binance associated with President Trump. It is alleged that Coinbase learned that Binance's former CEO CZ may receive a pardon, and due to Coinbase's own high transaction fees and poor customer service, the company's senior management is concerned that once Binance re-enters the U.S. market in a legitimate capacity, it will rapidly gain market share, severely impacting Coinbase's revenue. Binance is the world's largest cryptocurrency exchange platform, and if it re-enters the U.S. market, it will immediately impact Coinbase's market share. What is even more shocking is that Coinbase has attempted to attack a competitor like Binance by targeting President Trump. This behavior has been accused of being 'anti-American'! Will Coinbase come clean and take responsibility for this misguided decision? The truth is about to be revealed!"