{"id":14280,"date":"2019-05-23T00:00:00","date_gmt":"2019-05-23T00:00:00","guid":{"rendered":"https:\/\/crypto-economy.com\/2019\/05\/23\/binance-ceo-cz-files-lawsuit-against-sequoias-chinese-division-for-reputational-damages\/"},"modified":"2019-05-23T00:00:00","modified_gmt":"2019-05-23T00:00:00","slug":"binance-ceo-cz-files-lawsuit-against-sequoias-chinese-division-for-reputational-damages","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/binance-ceo-cz-files-lawsuit-against-sequoias-chinese-division-for-reputational-damages\/","title":{"rendered":"Binance CEO CZ Files Lawsuit against Sequoia\u2019s Chinese Division for Reputational Damages"},"content":{"rendered":"
Binance<\/strong> <\/a>co-founder and CEO Changpeng \u2018CZ\u2019 Zhao is suing a division of venture capital giant Sequoia Capital for reputational damages<\/strong> in addition to what CZ calls a \u201closs of chance to raise capital\u201d during favorable times.<\/p>\n <\/p>\n The lawsuit is a countersuit to an earlier suit by the Chinese division of Sequoia Capital in January 2018 that resulted in an injunction against Zhao to refrain from seeking capital for three months ending March 1st<\/sup>, 2018.<\/p>\n