Binance’s controlling shareholder, former CEO of the largest crypto exchange Changpeng Zhao, said he is ready to sue Bloomberg for an article about his company’s ties to World Liberty Financial (WLF), an organization owned by the Donald Trump family.
Zhao wrote in X that Bloomberg’s publication about Binance specialists’ participation in the development of the WLF-issued USD1 stablecoin smart contract is “competitor-sponsored material.” The businessman did not name specific claims to the text, limiting himself to the statement: the material contains “so many factual errors” that “it’s not even clear where to start.”
“We may have to sue them again for defamation,” Zhao added.
According to a Bloomberg report, Zhao filed a pardon petition with Trump shortly after USD1 was used as an asset in a $2 billion deal — when the United Arab Emirates investment fund MGX acquired a stake in Binance. Now, more than 90% of USD1 remains in Binance wallets, and these coins are capable of bringing the Trump family $30 million in interest income per year, Bloomberg writes.
Zhao recalled that in 2022, he managed to hold Bloomberg accountable for an article that alleged that the CEO and the exchange were involved in illegal activities such as money laundering, fraud and hacking.
After the businessman went to court, Bloomberg was forced to admit its mistake, issue an official apology and pay compensation.
Источник: cryptocurrency.tech
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