Bloomberg Businessweek/Chinese version issued a statement, claiming that it made a serious mistake in the 250th issue of the magazine (July 6, 2022), publishing a false and unfounded cover title "Zhao Changpeng's Ponzi Scheme". The magazine unreservedly retracts and withdraws this offensive statement and apologizes to Mr. Zhao Changpeng and Binance. It is not clear whether Bloomberg's statement is related to the lawsuit.