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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.

The Verge on MSN · 18h

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,

Ars Technica · 22h

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.

17hon MSN

Former Alameda Co-CEO Sam Trabucco Forfeits Yacht, Apartments to FTX Creditors

Fried’s inner circle before the collapse of FTX and Alameda Research two years ago, has agreed to hand over a slew of ...

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.

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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