Bloomberg Settles with Binance: Apologizes for Defamatory Article

Bloomberg Businessweek has issued a public apology to Binance, the world’s largest cryptocurrency exchange, and its co-founder Changpeng Zhao (CZ in the crypto space), retracting a 2022 article that labeled Zhao’s business a “Ponzi scheme.” The magazine’s publisher, Modern Media CL, admitted the headline was “false and baseless,” promising not to repeat such claims in […] source: https://coinedition.com/bloomberg-settles-with-binance-apologizes-for-defamatory-article/