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Cayman crypto exchange Binance sues Forbes for defamation

Cayman Islands-domiciled cryptocurrency exchange Binance Holdings is suing U.S.-based news provider Forbes and two of its reporters for defamation over a recent article headlined "Leaked 'Tai Chi' Document Reveals Binance's Elaborate Scheme To Evade Bitcoin Regulators".

Binance Holdings Ltd. v. Forbes Media LLC et al: Complaint

Complaint alleging defamation regarding an article entitled "Leaked 'Tai Chi' Document Reveals Binance's Elaborate Scheme To Evade Bitcoin Regulators" that was published on October 29th, 2020 in Binance Holdings Limited, a cryptocurrency exchange domiciled in the Cayman Islands v. Forbes Media LLC, Michael del Castillo, and Jason Brett at the U. S. District Court for the District of New Jersey.

Forbes magazine investor tries to avoid liquidation in BVI

British Virgin Islands-domiciled Integrated Whale Media Investment, which appears to have been the vehicle through which Asian investors bought a majority stake in the Delaware firm that owns iconic U.S.-based publication Forbes magazine last year, has been threatened with liquidation by a creditor.