CZ stated that the Bloomberg report contains “so many factual errors I don’t even know where to begin,” adding:
“Might have to sue them again for defamation.”
Soon after the Binance deal involving USD1, CZ sought a pardon from Trump. CZ was convicted and was released after four months in prison last year for failing to maintain appropriate guardrails on Binance to prevent money laundering.
The Bloomberg article claimed that CZ’s expectation of a pardon amid Binance’s close ties to World Liberty Financial raises questions of conflict of interest.
It is worth noting that the crypto community is overwhelmingly in support of CZ, with most users urging CZ to go ahead with the defamation lawsuit against Bloomberg.
CZ has sued media agencies multiple times before. He sued Modern Media, a Hong Kong publisher for Bloomberg, for its July 6, 2022 magazine article alleging that CZ was operating a ponzi scheme. It’s worth noting that Bloomberg itself was not a party in the lawsuit.
