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FTX sues Binance for $1.76B
FTX Sues Binance CEO Zhao For $1.76 Billion: Conspiracy Vs Governance?
FTX’s bankruptcy estate has launched a $1.8 billion lawsuit against Binance and its former CEO, Changpeng Zhao, accusing them of fraudulent transactions.
FTX sues Binance for $1.76B in battle of crypto exchanges founded by convicts
The complaint filed yesterday in US Bankruptcy Court in Delaware names Binance and co-founder and former CEO Changpeng Zhao among the defendants. FTX founder Sam Bankman-Fried sold 20 percent of his crypto exchange to Binance in November 2019, but Binance exited that investment in 2021, the lawsuit said.
FTX is suing Binance to recover nearly $1.8 billion
The estate of now-defunct crypto exchange FTX has filed a lawsuit against Binance and its former CEO Changpeng Zhao in a bid to recover $1.76 billion. FTX alleges these funds were fraudulently transferred to Binance,
decrypt
13h
Sam Trabucco Cuts Deal With FTX Debtors, Giving Up Apartments and Yacht
The FTX estate says it could have beaten the former Alameda co-CEO in court, but didn’t want to waste the time and money.
blockonomi
1h
FTX Files $1.76 Billion Lawsuit Against Binance Over 2021 Stake Buyback
FTX has filed a lawsuit against Binance and former CEO CZ, seeking to recover $1.76 billion from a 2021 stake buyback that ...
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