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Wednesday

02 December 2020

Binance Sues Forbes and Two Journalists Citing “Millions of Dollars” in Damages | Crypto Briefing

Binance Sues Forbes and Two Journalists Citing “Millions of Dollars” in Damages | Crypto Briefing


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19, Forbes published anarticleaccusing Binance of establishing a legal entity to “surreptitiously profit from crypto investors in the United States.” The article claimed that Binance had “funneled” money between the U.S.

They cite “speculation” that the FBI and IRS may be investigating Binance, although the article does not list a source for this allegation. .

Binance claims that the article, entitled  “Leaked ‘Tai Chi’ Document Reveals Binance’s Elaborate Scheme To Evade Bitcoin Regulators,” was defamatory and incorrect.

The lawsuit lists 20 separate statements in the Forbes article, which the exchange claims are false, misleading, and defamatory. 

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