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Cryptopolitan 2019-11-23 21:50:34

Binance CEO to sue The Block over fake news regarding police raid

Binance CEO, Changpend Zhao has announced that he will sue The Block Crypto over false news. Binance CEO to sue The Block for fake news The Block Crypto published news stating that Binance’s office in Shanghai was raided by authorities and subsequently shut down. However, Binance representatives talked with Bloomberg to reveal that the news was actually false. Concerned for the exchange’s reputation, Changpeng Zhao (CZ) tweeted that the news website should apologize. The news spread like wildfire and had negative effects on Bitcoin’s price. Bitcoin’s price fell as FUDs (fears, uncertainties and doubts) shrouded the markets and many investors

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