TechFlow reports that Bloomberg Businessweek Chinese Edition has retracted and withdrawn, without reservation, the false and unfounded cover headline from its Issue 250 (July 6, 2022), which incorrectly stated "Zhao Changpeng's Ponzi Scheme." The publication offers its full and unreserved apology to Mr. Zhao Changpeng and Binance for any harm or distress caused by this offensive statement.
The magazine commits to improving its journalistic standards and will not publish or make similar allegations in the future. To rectify the error, we will make a donation in lieu of damages to the Songzi City Special Education School Foundation.




