The Head of cryptocurrency exchange Binance Changpeng Zhao (CZ) has twitted the exchange will be suing The Block media outlet because of the recent report, which stated that the exchange decided to close its Shanghai office after a police raid.
CZ claims the media outlet has not apologized so far about the fake news.
They got a few more eyeballs this time, yes. But it makes TheBlock rated as a fake news site. If that’s how they want their brand to be known, it makes sense. No apologie so far about the fake news either. Irresponsible journalism.— CZ Binance (@cz_binance) November 22, 2019
We will be suing them.— CZ Binance (@cz_binance) November 23, 2019
Earlier iHodl reported that Binance acquired the Indian trading platform WazirX in order to offer its services to more than 1 billion users in the country, the exchange has reported through its official blog.
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