The Leading Cryptocurrency Exchange in the World, Binance has taken a huge move against the FUD in the Crypto Industry.
BLOCK which is one of the news sites in the crypto space recently posted a article
The ARTICLE discussed about a Police Raid that happened in the Binance Shanghai Office which lead to the shut down of the Shanghai Office.
Soon after this article was released, The CEO of Binance CZ was offended by this act.
He soon replied to it on twitter
Everyone thought that this was the end but CZ went a step ahead and wanted to sue the company for their act.
They wanted to take it legally against The Block.
IMO this is a good act because this may prevent a lot of FUD news in the crypto space.
But the truth of this news is still unknown.
There was a tweet by the official Binance handle long ago asking a person to work in their Shanghai office.
So in whole this has created a lot of confusion in the space.
We need to wait to see on whose side the truth is.
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