Zhao wrote In X, that the publication of Bloomberg about the participation of Binance specialists in the development of the USD1 stabilcoin’s smart contract produced by the WLF is a “sponsored competitors”. The businessman did not call specific claims to the text, limiting himself to a statement that he contains “such a number of actual errors” that “it is not even clear where to start.”
“Perhaps you will have to sue them again for slander,” Zhao added.
According to Bloomberg’s publication, Zhao gave Trump a pardon passing shortly after the USD1 was used as an asset in a transaction of $ 2 billion – when the MGX investment fund from the United Arab Emirates acquired a share in Binance. Now more than 90% USD1 remain on Binance wallets, and these coins are able to bring Trump to the Trump family per year of interest income, Bloomberg writes.
Zhao recalled that in 2022 he managed to hold Bloomberg liable for the article, which stated that the General Director and the Exchange are related to such illegal operations as washing money, fraud and hacking.
After Appeals businessman in the court Bloomberg was forced Recognize An error, make official apologies and pay compensation.
Source: Bits

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