Odaily News Bloomberg Businessweek/Chinese Edition issued a statement, saying that it made a serious mistake in its 250th issue (July 6, 2022), publishing a false and unfounded cover headline that mistakenly wrote "Zhao Changpeng's Ponzi Scheme". The magazine unreservedly retracts and withdraws this offensive statement and apologizes to Mr. Zhao Changpeng and Binance. For this reason, no identical or similar allegations will be published or made in any way.