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Binance Sues Forbes and Two Journalists Citing “Millions of Dollars” in Damages

On Oct. 19, Forbes published an article accusing Binance of establishing a legal entity to “surreptitiously profit from crypto investors in the United States.” The article claimed that Binance had “funneled” money between the U.S. entity and the parent company, using the U.S entity as a decoy to deceive regulators.  Forbes staff writer Michael del Castillo and contributing writer Jason Brett went so far as to compare Binance...