Block.one’s Brendan Blumer accuses Bloomberg of being ‘intentionally aggravating and arrogant’

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Brendan Blumer, the CEO and Co-founder of Block.one, was in the news after he accused Bloomberg of violating an embargo and publishing an article about Voice, the social media platform, before the scheduled B1 June event.

Blumer tweeted that Bloomberg breached an embargo and verified the same in writing by one of the article’s co-authors, Alastair Marsh. However, Marsh, while acknowledging the breach, refused to take down the article.

In a recent tweet, Blumer shared a snapshot of the email shared between him and Alastair Marsh, where the Bloomberg writer agreed to the embargo.

Source: Brendan Blumer|Twitter

According to Blumer, Bloomberg refused to rectify an acknowledged breach of the written agreement. He also accused the popular news portal of “causing material damage” to the company, community, and other journalists that were offered the story under the same terms.

Referring to an article that reported Bloomberg reporters’ net bonuses for publishing “market-moving” stories, the CEO clarified that he did not accuse them of market manipulation. He stated,

“.. just exploring the extent at which others may have been similarly wronged.”

Bloomberg responded to the entire fiasco and stated that the article was taken down from the homepage and their crypto-page, making it harder to be accessed.

Source: Brendan Blumer|Twitter

Responding to the apology by the news outlet, Blumer tweeted,

“Honest mistakes are fine, but refusing to rectify it by simply removing the article while we prepare for our annual keynote is pure abuse of power. ‘I’m sorry it blighted your day,’ is intentionally aggravating and arrogant. Our industry needs to stand up to this behavior.”


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Chayanika holds a Journalism degree and is currently working with AMBCrypto. She is inquisitive about everything that the Blockchain Technology has to offer.

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