Bloomberg reported that Binance helped WLFI write the USD 1 code, and CZ accused the former of inaccurate reporting

ChainCatcher news, according to a report by Bloomberg on Friday citing three insiders, Binance had helped WLFI create (write the basic code), promote the USD 1 stablecoin, and played a role in its largest transaction before seeking a pardon from CZ.

In response, CZ stated that Bloomberg's article was sponsored by competitors and contained multiple factual inaccuracies.