Why Is Binance’s CZ Suing Bloomberg?

The post Why Is Binance’s CZ Suing Bloomberg? appeared first on Coinpedia Fintech News

Binance co-founder and former CEO Changpeng “CZ” Zhao is threatening legal action against Bloomberg over a report linking him to a stablecoin tied to U.S. President Donald Trump.

In a post on X, CZ slammed the article as a “hit piece sponsored by a competitor,” claiming it was filled with “so many factual errors” that he “doesn’t even know where to begin.” His fiery response has reignited debate over media accountability, crypto’s political ties, and the rising pressure surrounding digital finance.

4. FUD. Bloomberg just wrote another hit piece (sponsored by a competitor) containing so many factual errors I don't even know where to begin.

Might have to sue them again for defamation. https://t.co/FevGMArHj8