Binance CEO Will Sue The Block Over Fake News
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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.

The Block: Binance Closes Office in Shanghai After Police Raid

CZ claims the media outlet has not apologized so far about the fake news.

Binance CEO highlighted that the exchange will be suing The Block as its report damaged not only Binance's reputation but also reflected on bitcoin (EXANTE: Bitcoin) and binance coin (BNB) price.

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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