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October 5, 2022
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Bitcoin

Binance is suing Forbes –

Binance has just hired former lawyer Donald Trump to help the firm win its case against Forbes. The magazine recently published an article that hurt the interests of the stock exchange and suggested that it often operates on the edge of US law.

Forbes vs. Binance

In a lawsuit filed today with the US District Court in New Jersey, Binance accused the portal that an article about the company, published by Forbes, defamed the cryptocurrency exchange and caused damages amounting to Million dollars.

Binance hired Charles Harder, a lawyer best known for representing Hulk Hogan in the trial against Gawker Media. The attorney then won as much as $ 115 million in compensatory damages for the former wrestler and a further $ 25 million in criminal damages. In 2016, the gossip portal posted fragments of an erotic tape that belonged to Hogan on its website.

Harder also made headlines recently when he represented Donald J. Trump in a sexual harassment case allegedly committed by a businessman and US president. The case was brought by Stormy Daniels (real name: Stephanie Clifford).

Harder also worked for other members of the Trump family, including the same first lady, Melania Trump. In a case brought against the British Daily Mail, he won a whopping $ 2.9 million for her and an apology after the tabloid insinuated that the first lady had previously “Provided services beyond ordinary modeling”, thus insinuating that she was a luxury prostitute. The lawyer also represented Jared Kushner, the president’s son-in-law, in the case against Vanity Fair.

What is the Binance case?

But what exactly is this new case all about? A Forbes journalist claimed in his article that Binance is operating on the edge of the law and even manipulating certain laws. In this article It was reported that documents related to the cryptocurrency exchange were leaked, which suggested that the platform was to create an American subsidiary called Tai Chi, thanks to which it could cheat regulators from the United States.

The CEO of the CZ stock exchange was dismissed a journalist that he provided false and unverified information in the text. He demanded an apology.

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