In a lawsuit filed today in the U.S. District Court of New Jersey, Binance alleged that an article published by Forbes was defamatory and caused “millions of dollars” in damages.
While there are already questions forming around the merits of the lawsuit, one thing is no longer in doubt: Binance is getting serious.
Binance has retained the services of Charles Harder, the attorney best known for representing Hulk Hogan (Terry Gene Bollea) in a suit against Gawker Media. He procured an award of $115 million in compensatory damages and a further $25 million in punitive damages for his client in 2016 after the defendant posted portions of a sex tape on their website.
Harder’s prosecution directly led to the downfall of Gawker Media shortly thereafter. Peter Thiel, the billionaire founder of Palantir and co-founder of PayPal, helped finance the lawsuits after Gawker ran a headline that mentioned Thiel’s sexual orientation.
Harder also hit the headlines more recently when he