Source: CoinDesk
Summary
Binance US has accused Kalshi of false advertising in a trailer for a documentary about the crypto exchange. Kalshi claims the trailer is “defamatory” and contains “both fabricated documents and false and misleading statements.” The dispute between the two companies has been ongoing, with Kalshi previously accusing Binance US of manipulating markets.
Our Reading
The announcement sounds ambitious. Binance US is standing up for itself against Kalshi’s documentary trailer. The trailer allegedly contains fake documents and false statements. Kalshi is not backing down, calling the trailer “defamatory”. This is just another chapter in the ongoing drama between the two companies. Because what’s new is accusing someone of false advertising in crypto.
Author: Evan Null
