WSJ: WLFI founder's Middle East trip was partially mediated by CZ, who compared Trump to a 'godfather' during the promotion
According to BlockBeats, on May 23rd, The Wall Street Journal reported, citing insiders, that Steve Witkoff, Trump's Middle East envoy, had flown to the United Arab Emirates to discuss regional issues and participated in a crypto themed conference a month before Trump's inauguration. Zach Witkoff, son of Steve Witkoff and founder of World Liberty Financial, will compare Trump to a "godfather" when promoting cryptocurrency companies, and say that WLFI will be able to fully utilize the changing cryptocurrency regulatory policies in the United States. Zach Witkoff had met with several senior government officials in Pakistan, and a few weeks later, these officials negotiated with the Trump administration regarding the India Pakistan ceasefire agreement. Zach Witkoff suggested to them that WLFI could use blockchain technology to tokenize the buying and selling of rare earth minerals in the country. The person who helped WLFI arrange some overseas trips was Binance founder CZ. A WLFI spokesperson stated that CZ was only a friend of Zach Witkoff, but not a "middleman". In addition, the WLFI team has also discussed token purchases with other companies in the Gulf region, suggesting that such transactions may benefit their expansion plans in the United States. But the company spokesperson denied this claim.