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Coin Edition 2024-07-17 08:30:00

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 The post Bloomberg Settles with Binance: Apologizes for Defamatory Article appeared first on Coin Edition .

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