CZ: I heard that the Wall Street Journal is paying to smear us, which is a sign of fear of competition.

GateUser-6433627c · 2025-05-23T14:02:35+00:00

CEX founder CZ stated that The Wall Street Journal is trying to undermine them, and there are even rumors that large companies are using paid lobbying to prevent the U.S. from becoming a hub for Crypto Assets. CZ clarified that the American media raised the wrong questions and pointed out that internal forces in the U.S. are attempting to obstruct the development of Crypto Assets.

GateUser-6433627c

2025-05-23 14:02:35

Abstract generation in progress

On May 23, CEX founder CZ responded to a user’s question “Did the Wall Street Journal ask for money to stop defaming you”: I heard that the Wall Street Journal took money to smear us, and there were rumors that a large venture capital firm that invested in a crypto trading platform in the United States was lobbying heavily against “CEX helping the United States become the crypto capital”, and they spent millions of dollars on lobbying activities, which is a sign of fear of competition. Earlier today, CZ clarified on the X platform that a few days ago the Wall Street Journal (through the PR team) asked it a long list of questions full of false and negative assumptions. The CZ team told them that “there are a lot of inaccuracies and unfounded inferences.” CZ said that the Wall Street Journal is just a mouthpiece, and there are forces in the United States that want to hinder the efforts of the United States to become the capital of cryptocurrency. They want to attack cryptocurrency, attack global crypto leaders, and governments that support cryptocurrency.

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