Binance Founder CZ Threatens To Sue Bloomberg For Defamation

Main notes

• Binance Cz founded that the possibility of following legal procedures against Bloomberg.
• It is claimed that the Media House distorted the stock exchange by publishing a “successful piece”. CZ was accused of ties with WLFI amid a broader media disaster.

Changpeng Zhao, Leading Cryptocurrency ExchangE Binance, annoyed by Bloomberg. He is considering legal procedures. This relates to a news article from the media outlet, which is supposed to include a realistic mistake, believed to be with a competitor, although a specific name is not mentioned.

Media audit pattern for Binance

CZ, as it is popularly called, threatened to prosecute Bloomberg because of defamation after the company published what he described as a “successful piece” full of real mistakes.

He took to X, the chief of encryption expressed his dissatisfaction. He concluded that this is not the first time that Bloomberg has made such a mistake. The move sparked controversy discussions about media accountability and its impact on the cryptocurrency industry.

In 2022, Zhao accused Bloomberg’s employee of publishing data he described as definition. Specifically, he withdrew the Hong Kong publisher in Bloomberg Business Week, Media Media Cl, to a court to publish a chief curator entitled “Can the richest man in Crypto Cold?” At that time, Check Check was still the CEO of the High Digital Asset Service.

The edition in the Chinese language is a post called Binance as it occupies the “Bonzi scheme”.

After a two -year legal epic, Bloomberg retreated from the statement, changed the title of the article to “The Mysterious Changpeng Zhao”. In addition, she issued a general apology and even a charitable donation instead of paying compensation.

Zhao’s recent threat to sue the news company indicates that he believes that the new article follows a similar pattern of irresponsible press.

4. Food. Another piece of Bloomberg has just wrote a blow (sponsored by a competitor) that contains many realistic mistakes that I do not know where to start.

You may have to prosecute them again due to defamation. https://t.co/fevgmarhj8

– CZ bnb (CZ_Binance) July 11, 2025

Meanwhile, he did not confirm whether the encryption company would go to the introduction to Bloomberg. It also did not refer to the exact nature of mistakes. It should be noted that this event coincides with the recent media scrutiny of the activities of Changpeng Zhao.

A few months ago, the reports linking him with World Liberty Financial (WLFI) were tours.

WLFI is an encryption project linked to US President Donald Trump. Updates that make the tours depend on the allegations that Chek Chic Styles appealed to Trump to give him an amnesty in his legal challenges with the American authorities.

Wazirx Scrutiny in India

Another issue that Bennes had recently faced was related to the Indian authorities and Wazirx.

Last month, the Financial Intelligence Unit (FIU) collected data from the pioneering encryption exchange in an attempt to track encryption operations to a private governor that may be linked to Pakistan.

The aforementioned governor raised warnings that some transactions can fund illegal or terrorist activities in India, especially in Jammu and Kashmir.

Almost at the same time, the Indian authorities have noticed an increase in the encryption activity on Wazirx along the border. These intensive concerns of digital assets used as a channel to finance terrorism. As is the case, Wazirx has a listening session at the Supreme Court in Singapore on July 15, which can determine whether users have legally encoding them on the platform.

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