According to reports from multiple foreign media outlets including the Financial Times, Le Figaro and The Block, the Yubei District Court of Chongqing recently ruled that TRON founder Justin Sun won the defamation case. Chongqing Business Media Group was required to delete all false content and formally apologize to Justin Sun, who had long been harmed by false media reports.

The report believes that this victory not only effectively shattered the rumors and provided strong legal support for the restoration of Justin Sun’s personal reputation, but also once again sounded the alarm for the media industry that quoting and disseminating unverified information may constitute an illegal act and damage one’s own reputation.

It is understood that the case originated from an article published by Chongqing Business Media Group on the "Business" account of Dongfang Fortune Network on March 11, 2022, claiming that Justin Sun was "suspected of insider trading", "evading ICO bans", "suspected of fraud", "money laundering", etc. The article spread rapidly, seriously damaging the reputation of Justin Sun and TRON. The report cited a commentary article from The Verge, exaggerating Justin Sun's misconduct, although the author added a disclaimer at the end of the article acknowledging that the stories were unconfirmed. However, after reviewing many details, the court determined that these reports lacked factual basis and greatly violated Justin Sun's right to reputation.

According to foreign media reports, the case lasted two years and was finally decided by the Chongqing Yubei District People's Court at first instance. The defendant Chongqing Business Media Group failed to fulfill its verification obligations in its reports (including an article and a video), violated relevant laws and regulations, and infringed Sun Yuchen's right to reputation. The court ordered it to delete the false reports and publicly apologize to Sun Yuchen in a nationally published newspaper. Since neither party appealed within the prescribed time, the first instance result became the final ruling.

Recently, the People's Court Announcement Network officially released an apology letter from Chongqing Business Media Group to Sun Yuchen. In the letter, the media admitted that it published false and defamatory content about Sun Yuchen and failed to fulfill its verification obligations, which seriously damaged Sun Yuchen's reputation. Sun Yuchen also posted on the X platform: "The rumormonger finally published an apology statement on the official website of the People's Court. It took two years, and justice is finally here."

In this regard, the Financial Times and other foreign media commented that Sun Yuchen's victory not only cleared his name, but also set a benchmark for the entire blockchain industry on how to deal with false rumors. This ruling gave the public a vivid legal education lesson. When faced with false reports, they should bravely take up legal weapons to protect their own interests.

On the other hand, relevant foreign media also said that this incident also reminded all content disseminators not to blindly quote unconfirmed foreign media reports, especially those with a history of false news and biased reporting. This practice completely violates the professionalism, objectivity and neutrality pursued by modern media, and is also very likely to cause infringement and bear legal risks.

Sun Yuchen's victory in the defamation case is a major liquidation of the online rumors that have long surrounded him, and a victory for the rule of law and the rule of law in China. Many foreign media outlets said that this verdict not only safeguarded Sun Yuchen's legitimate rights and interests, but also cracked down on the spread of false and erroneous information, reminding the media that while pursuing news value, they must adhere to professional ethics and ensure the authenticity and accuracy of their reports.

Source: Sina Finance

Original link:

https://cj.sina.com.cn/articles/view/7859052017/1d46f9df10010179a8