25 Nov Binance CEO Threatens Suing The Block Cryptocurrency Media Outlet After False Raid Repor…
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The CEO of cryptocurrency exchange Binance has threatened to sue publication The Block after misleading reports of police raid on the exchange’s alleged offices in Shanghai.
Instead of apologizing to the community for the fake headline news of the non-existent “police raid”, which damaged our reputation, and $btc price, theBlock now tries to argue if there was an office, if CZ had a meeting… who cares?
Own up & apologize for your mistake. https://t.co/PWjQ7FzEc6
— CZ Binance (@cz_binance) November 23, 2019
On November 21st, The Block published an article claiming that the Binance Shanghai office was shut down following a police raid, but Changpeng Zhao (CZ), Binance CEO, quickly responded saying that they have not even had a Shanghai office for two years. Zhao then provided evidence that some exchanges in China may even pay writers to specifically write negative pieces about Binance. Following this response, The Block subtly changed the story while claiming that the…
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