Surprising rumors of rumors have sent waves across the encryption world this week. At the center is Bloomberg story Binance connected to the creation of USD1, which is Stablecoin with the support of the world’s financial freedom and supported by the family of US President Donald Trump. Coinbase’s lawyer moved forward to close the conversation that helped his company to feed the report.
Coinbase denies a role in the Bloomberg story
According to the head of the legal official at Coinbase Paul Groal, it was the stock exchange Not In a Bloomberg piece. Ali X said that Coinbase “has never contributed to this story.”
He added that his team does not target competitors and that anyone looking for the real source must continue to dig. Ghrouwal said on x.
Sorry – this is pure wrong information. We are absolutely not contributed to this story.
We do not attack competitors, and we welcome any companies that share our goal of developing the encryption pie.
You should continue to search for a real source.
– Paulgrewal.eth (iampaulgrewal) July 13, 2025
The world is financial freedom Usd1 was put up just weeks ago. Stablecoin now has $ 2.20 billion in trading. Binance has about $ 2 billion of these currencies as part of an investment of $ 2 billion in its UAE sovereign fund.
Bloomberg stated that one of the people familiar with the Binance Award coded the USD1 smart contract. based on ReportsThis link is linked to the founder of the founder of Changpeng Zhao for a presidential pardon.
Prosecutions and bug motives
The Mott Wallace’s encryption suspended the gasoline on the fire through the Coinbase’s proposal was an unknown tipster. He said that if Binance wins a pardon for Zhao, he might regain its full power in the United States and challenge Coinbase.
🚨 Only in: Evidence that Coinbase was the “unknown” source behind the successful job of President Trump’s financial freedom and construction‼ ️ ️ ️ ️ ️ ️ ️ ️
Coinbase learned that the pardon of CZ Binance may be on the table and because of the high industry fees and the poor clients …
Matt Wallace (@Mattwallace888) July 13, 2025
Low trading fees and broader global access are essential to that idea. Wallace did not provide any evidence, but his post has achieved more than a million views on X. Zhao and then re -tweeting the prosecution, which prompted more gossip without any clear signal of approval.
Binance founder and former CEO Changpeng Zhao. Photo: Eric Piermont/Agence France-Presse/Getty Images
Legal threats and the following steps
Binance Changpeng Zhao strongly responded. Bloomberg’s story has exploded as a “successful piece” and hinted that the opponent may have paid for it. He also stated his followers that he filed a lawsuit against Bloomberg in 2022 for false claims, forcing an apology. Now it weighs another case of defamation.
The uncertainty remains more than really speaking to Bloomberg. Coinbase has denied involvement. Bennes says her critics are at work. The audience leaves. Organizers can pay attention if Stablecoin’s allegations turn into misleading data or market manipulation. At the present time, both exchanges are committed to their stories.
Distinctive image from Holleax, tradingView graph
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2025-07-14 15:00:00
