Binance files US lawsuit against Forbes and two cryptocurrency journalists
Cryptocurrency exchange alleges "millions of dollars" in losses as a result of what it describes as a "false and misleading" article. Binance has filed a lawsuit in the state of New Jersey against Forbes Media and two of its journalists, Michael del Castillo and Jason Brett, alleging that an article published under the title Leaked ‘Tai Chi’ Document Reveals Binance’s Elaborate Scheme To Evade Bitcoin Regulators was defamatory. Binance is demanding both compensatory and punitive damages.The article, which appeared on the Forbes website on Oct 29 2020, reported that the ‘Tai Chi’ document....
Related News
Binance Holdings has dropped its defamation lawsuit against Forbes regarding the publication of an article that alleged the exchange purposely sought to evade U.S. regulators. The world’s largest cryptocurrency exchange, Binance, has dropped its defamation lawsuit against news publication Forbes and two of its journalists, according to official court documents.Binance Holdings filed a lawsuit against Forbes, along with journalists Michael Del Castillo and Jason Brett in November, following an article that alleged Binance sought to purposely distract and dodge United States financial....
A lawsuit against Binance accusing the cryptocurrency exchange of selling unregistered crypto securities has been dismissed. The plaintiffs listed nine cryptocurrencies in the lawsuit.
Binance’s Lawsuit Dismissed
U.S. District Judge Andrew Carter dismissed a lawsuit against cryptocurrency exchange Binance Thursday.
The motion to dismiss was filed by Binance and CEO Changpeng Zhao (CZ). The lawsuit (case no. 20-02803) was originally filed in April 2020 in the U.S. district court in the Southern District of New York.
Binance is accused of violating....
Reports indicate that the world’s largest cryptocurrency exchange by trade volume, Binance, has announced the crypto company has committed to investing $200 million into the American business magazine Forbes. The digital currency company Binance confirmed the $200 million stake into Forbes on the social media platform Twitter.
Binance Pledges $200 Million to Forbes
Binance has made a $200 million investment into Forbes, the U.S.-based business magazine and digital publisher owned by the Forbes family and Integrated Whale Media Investments. A report published by CNBC, and....
Binance, the world’s largest and richest crypto exchange, announced to make an attractive investment of $200 million in Forbes, a more than 104 years well-known magazine and digital publisher, CNBC reported. According to the people involved in the final deal, the funds inducted in Forbes will help out its plan to merge with a publicly […]
The exchange did not say in its latest filing why it withdrew the case for now.