Binance Sues Bloomberg Businessweek for Defamation in HK

A Bloomberg media subsidiary in Hong Kong is under legal challenge and being sued for defamatory comments on an article published by the publication about Binance Chief Executive Changpeng Zhao (CZ).

This action comes after CZ filed a defamation lawsuit on Monday in Hong Kong High Court against Modern Media, as a publisher of the traditional Chinese-language edition of Bloomberg Businessweek, according to local media reports.
The lawsuit stems from Bloomberg‘s subsidiary Modern Media company undermining Zhao’s image in an article published on July 6 or the 250th issue. The original article title by the media outlet stated: “Can …
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