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Bloomberg apologies for ‘Changpeng Zhao’s ponzi scheme’ title
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Bloomberg apologies for ‘Changpeng Zhao’s ponzi scheme’ title
In their 250th issue from July 6, 2022, Bloomberg Businessweek ran a cover story with the headline “Changpeng Zhao’s Ponzi Scheme,” which was totally false and without any basis. This was a huge blunder that hurt Changpeng Zhao, the founder of Binance, and the organization itself. It triggered an FUD that caused BNB to tumble. Bloomberg has now come forward to own up to this mistake and has apologized. The apology stated: “We were wrong to writ…
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