Trump, Elon Musk, CZ of Binance Unleashes Fury at WSJ

Donald Trump, Elon Musk, and Binance founder CZ have found themselves at the center of attention, caught in the same storm stirred up by The Wall Street Journal. Within just a few days, the president, the internet mogul, and the cryptocurrency tycoon all publicly criticized this iconic newspaper, accusing it of bias, manipulation, and pushing an agenda. What drives this unusual alliance? It’s not just about the headlines, but also the power, perception, and the escalating conflicts between the old media giants and the most influential voices today. To truly understand the irony and impact of this media war, let’s analyze how each of these influential figures: Trump, Musk, and CZ have battled the same giant. CZ Responds to WSJ’s “Criticism Article” On May 22, The Wall Street Journal shared an interesting story about the Witkoff family, showing Steve Witkoff and his son Zach making waves in two very different worlds: Steve in diplomacy and Zach in the cryptocurrency industry. In the same article, WSJ stated that Binance founder Changpeng Zhao, also known as CZ, has played the role of a “fixer” for World Liberty Financial’s overseas trips. CZ did not stay silent about the report. He quickly shot back, calling the article a “critical piece” full of false assumptions and a distorted story. Regarding X ( formerly known as Twitter), CZ expressed his disappointment, stating that the story contained not just a few mistakes but was also built on misguided intentions from the very beginning. He strongly opposed the repairman’s statement, clarifying that he has never introduced or arranged meetings, and he has only met one of the parties involved. “This is NOT how the press should operate,” he said, emphasizing the importance of truthful reporting for the industry. Not only clarifying the situation, CZ also hinted at the bigger picture, suggesting that some forces in the United States want to suppress the development of cryptocurrencies by attacking its leaders. This could potentially slow down the opportunity for the United States to become the global cryptocurrency capital. Donald Trump Calls WSJ ‘The Stinky Newspaper’ At the beginning of the month, President Trump clashed with a WSJ reporter on Air Force One, calling the publication “corrupt” and accusing it of being harmful to the country. He refused to answer questions from the magazine, saying it was a waste of his time. Trump even claimed that the newspaper “leans towards China” and criticized its owner, Rupert Murdoch, calling him a “globalist” trying to thwart his agenda. However, on May 22, the WSJ reported on an article in which Trump revealed that Putin is not ready to end the war in Ukraine because he believes he is still winning. This is a moment of clarity for Europeans, who have long thought so. However, Trump’s stance keeps changing - one day he supports sanctions against Russia, and the next day he suggests lower-level talks at the Vatican. He made it clear that he does not want to fully commit, saying, “This is not my war,” leaving allies uncertain about U.S. support. Musk Criticizes WSJ Over Rumors That CEO Will Step Down Elon Musk, along with other cryptocurrency leaders, criticized The Wall Street Journal for what he called a misleading report. On April 30, The WSJ stated that Tesla’s board of directors was looking to replace him as CEO due to political concerns. Musk called it “a VERY SERIOUS ETHICAL VIOLATION”, noting that the board denied it. Tesla Chair Robyn Denholm supported him, stating that the story is completely false and the board fully supports Musk. Musk’s criticism comes amid increasing scrutiny of his political role as an advisor to the (DOGE) Government Efficiency Department under former President Trump, with some suggesting this has impacted Tesla’s global reputation. Despite a recent decline in profits and market value, the company still maintains its Bitcoin holdings in the first quarter. Like other cryptocurrency leaders, Musk calls for fair and honest journalism instead of damaging stories that hinder innovation and growth in the tech and cryptocurrency world. The backlash from Trump, Musk, and CZ highlights the growing rift between traditional media and influencers in the modern tech and cryptocurrency space.