Changpeng Zhao (CZ), CEO of the world’s leading cryptocurrency exchange Binance, has filed a lawsuit against Bloomberg’s subsidiary, Modern Media Company, over allegations of libel.
CZ, Monday, July 25 by shared filing Modern Media Company, the local publisher of Bloomberg Businessweek in Hong Kong‘eat sued for defamation and defamation.
Binance CEO, Modern Media Company“Can Crypto’s Richest Man Stand The Cold?” featured in the 250th issue of Businessweek. title “Changpeng Zhao’s Blessing Chain” and took him to court.
In his defense, stating that Modern Media Company is an influential broadcaster, CZstated that the slanderous Chinese headline damaged its image in the public and said that the media company take down the content, formally apologize and financial compensation payment demanded.
Binance CEO said on social media after the news of the lawsuit. in sharing About the subject “Be responsible for your actions.” he stated.
Case, CZopened by a media company first case not. CZCryptocurrency exchange, which is the CEO of Binancefor defamation 2020 in the year forbesHe filed a lawsuit against but last year dropped the case. CZ also previously 2019 venture capital firm sequoiaHe was sued for defamation allegations.