Flickr.com
Main page News, Binance

Binance Founder, Changpeng Zhao (CZ), has reportedly filed a defamation lawsuit against Bloomberg Businessweek's Hong Kong publisher over the 250th issue of the Chinese edition, which was published on July 6, Watcher Guru reports.

Subscribe to our Telegram channel to get daily short digests about events that shape the crypto world

According to the report, the 250th issue featured CZ on its cover page with the title of "Changpeng Zhao's Ponzi Scheme." Later, the title was changed to "The Mysterious Changpeng Zhao". CZ noted in the lawsuit that Modern Media Company is an "influential and large medium and that the defaming news is spreading hate," the report says.

Bad Actors Laundered Over $2.3B via Binance: Reuters

Although no official comments were made so far, CZ reposted Watcher Guru's article about the lawsuit. The lawsuit asks Modern Media to take down the report and issue a formal apology to CZ in addition to pay an undisclosed sum of compensation.

The lawsuit represented by José-Antonio Maurellet, SC, of ​​Des Voeux Chambers, against Modern Media Company.

Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange

Read also:
Strawberry Cake Media Corp. © 2024 Cookie Policy Editorial team Archive

ihodl.com is an illustrated edition about cryptocurrencies and financial markets.
Every day we publish the best materials for everyone interested in economy.