May 17, 2025

Bloomberg Businessweek Apologizes to Binance for ‘Ponzi Scheme’ Accusations After 2 Years

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The post Bloomberg Businessweek Apologizes to Binance for ‘Ponzi Scheme’ Accusations After 2 Years appeared first on Coinpedia Fintech News The Chinese edition of Bloomberg Businessweek has published a formal apology to Binance and its founder Changpeng Zhao. On July 6, 2022, the magazine ran a cover story about Binance in its 250th issue titled “Zhao Changpeng’s Ponzi Scheme.” In their apology, the magazine admitted that such a title was a big mistake, completely unfounded …

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