Binance
Sues Forbes for Defamation Over Alleged Document Leak
Leading cryptocurrency exchange
Binance has sued Forbes Media LLC for defamation over a story published last
month that allegedly revealed regulatory evasion tactics the exchange was
using.
The lawsuit, filed in the U.S.
District Court in New Jersey, claims Forbes and two of its writers, Michael
del Castillo and Jason Brett, harmed Binance by publishing the article, which
“contains numerous false, misleading and defamatory statements.”
Binance also denied various
allegations made in the Forbes story and refuted the veracity of the “Tai
Chi” documents. It demands Forbes take down the article and pay punitive
damages to be determined at trial.
Speaking to CoinDesk a Binance
spokesperson noted that the firm supports freedom of information and of the
press, as well as accountability, adding the suit “doesn’t represent any
threats to the report of Binance,” and that the firm needs the media to “keep
us accountable and reporting information to the public.”
