• Home
  • Newsletter
  • Upcoming Events
  • Past Events
  • Webcasts
  • About
  • Contact
Securities Docket
Experts in Risk
  • Class Actions
  • Criminal
  • Features
  • Global
  • People
  • SEC
Browse: Home / 2022 / July / 26 / Binance CEO Sues Bloomberg’s Hong Kong Partner for Defamation

Binance CEO Sues Bloomberg’s Hong Kong Partner for Defamation

By Securities Docket on July 26, 2022, 8:37 am

Zhao demanded a retraction, called for the edition’s removal from newsstands and for a restraining order to stop the defendants from further spreading the portrayal; Modern Media has already obliged in part. He separately filed a motion for discovery against Bloomberg L.P. and Bloomberg Inc. in the U.S. District Court for the Southern District of New York, over “defamatory allegations” in the profile piece.

There, Zhao took issue with the article’s portrayal of Binance as “sketchy” and with an anonymous quote from a trader that called Binance a “massive shitcoin casino.” These statements “were obviously designed to mislead readers into believing” that Zhao was breaking the law, the motion read.

Source: Binance CEO Sues Bloomberg’s Hong Kong Partner for Defamation

Posted in Industry, Top | Tagged Defamation

« Previous Next »

Subscribe

‘Enforcement 40’ for 2020

The inside story behind the collapse of Queensland Nickel

Our Sponsors

Securities-Docket_260x125_14Sec

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2023 Securities Docket.

  • Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
  • Criminal
  • Class Actions
  • Features
  • Global
  • People
  • SEC