Coinbase Chief Legal Officer denies intention to smear Binance and WLFI

2025-07-15 00:28

On July 15th, Paul Grewal, Chief Legal Officer of Coinbase, denied any intention to smear Binance and WLFI. Paul Grewal said, "This is purely a rumor, and we have absolutely no involvement in this matter. We will not attack our competitors, and we welcome any company that shares our goals and is committed to expanding the cryptocurrency market On July 13th, CZ forwarded a tweet from Matt Wallace, which read: "There is evidence to suggest that Coinbase may be the 'anonymous' source of the leak, attempting to smear President Trump's World Liberty Financial and Binance. It is reported that Coinbase has learned that former Binance CEO CZ may receive amnesty. However, due to Coinbase's high transaction fees and poor customer service, the company's top management is concerned that Binance may quickly seize market share if it returns to the US market in a legal capacity, causing a serious blow to Coinbase's revenue. Binance is the world's largest cryptocurrency trading platform, and if it re enters the US market, it will immediately impact Coinbase's market share. Even more shocking is that Coinbase attempted to strike its competitor Binance by targeting President Trump. This behavior is accused of being 'anti American'! Will Coinbase confess and take responsibility for this erroneous decision? The truth is about to be revealed

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