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Binance Sues Forbes and Two Authors for Defamation and Serious Damage to the Platform

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In October, Forbes published an article saying that it had obtained internal documents, suggesting that Binance US evaded supervision.

Rhythm BlockBeats news, on November 19th, according to foreign media Decrypt news, Binance has sued Forbes (Forbes) and its two authors. Forbes published an article about Binance reported that it had obtained a document called "Tai Chi" that showed Binance was trying to Evade U.S. regulation, etc.

This article was written by Forbes Senior Contributor Michael del Castillo with additional reporting by Jason Brett assisted with writing. In the lawsuit, Binance is suing both men and Forbes at the same time.

The lawsuit alleges that “Defendant’s false public statements, misrepresentations and implication that Binance failed to comply with applicable law , attempting to evade regulators and engage in “money laundering signature” activities, which has caused serious damage to Binance. Binance believes that because it has not received a concession and an apology from Forbes, the lawsuit is still ongoing. Binance demanded compensation from the defendant and received punitive treatment, and demanded that the items be taken away.

A Binance spokesperson said: “We exercise and support freedoms, including freedom of information, freedom of the press, and Accountability. This lawsuit is not a reflection of our core values and beliefs in liberty, but rather ensures truth and justice.”

As of press time, Forbes did not respond to the indictment.

Forbes previously reported: "Changpeng Zhao and Yi He responded to Forbes’ accusation of Binance US’s false operations: creating panic and nonsense”