Chief Executive Officer of Binance Changpeng Zhao has filed a lawsuit against Bloomberg’s Hong Kong partner Modern Media CL for defamation. The chief is suing over a translated Chinese language article that portrayed Binance Exchange as a “Ponzi scheme.” This refers to the June 23, 2022 publication of Bloomberg’s Businessweek, with the title: “Can Crypto’s Richest Man Stand the Cold?” However, the local publisher of Businessweek in Hong Kong ran a diffe ...
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