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FTX sues Binance for $1.76B
FTX sues crypto exchange Binance and its former CEO Zhao for $1.8 billion
The litigation marks the latest escalation of tensions between two of the biggest names in crypto, after the meteoric collapse of FTX rocked the market.
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.
Binance Co-Founder Changpeng Zhao Is Being Sued for $1.8 Billion by Sam Bankman-Fried’s Failed Crypto Exchange, FTX
The two crypto exchanges have a history of bad blood. Changpeng Zhao, the co-founder and former CEO of crypto exchange Binance, may have thought his legal troubles were over when he was recently released from prison.
Business Insider
10h
FTX is suing super PACs and dark-money groups to claw back over $38 million in political giving
An icon in the shape of a lightning bolt. Impact Link Lawyers trying to recover money spent by the
crypto
firm
FTX
before ...
4h
Ex-FTX Tech Chief Builds Fraud Detection Tool for Prosecutors
Gary Wang, FTX's former chief technology officer, will be sentenced next week for his role in the crypto firm's collapse. His ...
Business 2 Community
1d
DOJ Targets FTX Crypto Account Holding $16M in Assets Linked to Bribery Case
The Department of Justice (DOJ) has filed the paperwork required to seize approximately $16 million in cryptocurrency linked ...
12h
Three Arrows Capital seeks to increase claim against FTX to $1.5B
Three Arrows Capital liquidators seek to revise their claim against FTX from $120 million to $1.53 billion, citing improper ...
2d
Former FTX US general counsel to co-lead law firm crypto practice
Ryne Miller, the former general counsel of the now-bankrupt FTX US exchange, has joined U.S. law firm Lowenstein Sandler amid ...
NJBIZ
4h
Lowenstein Sandler hires former FTX general counsel
Ryne Miller comes on board as a partner and chair of the new commodities, futures and derivatives practice and co-chair of ...
Yahoo Finance
2d
The Failed Crypto Exchange FTX Is Suing Binance for $1.8 Billion
Somehow, the
FTX
saga still isn’t over. The estate of the failed cryptocurrency exchange founded by Sam Bankman-Fried is ...
Opinion
The York Dispatch
7h
Opinion
Crypto cornering: The risky industry wagers big on elections, and wins
Billions of dollars have been wiped out in successive crypto collapses, most infamously the FTX debacle that resulted in ...
techtimes
5d
FTX Is Fighting to Recover $11M From Crypto.com to Repay Creditors, Locked out Since Bankruptcy
Similarly, FTX has also taken the fight against KuCoin for a similar case where Alameda created an account that contains ...
1d
FTX And Their 23 Lawsuits: Will Defrauded Investors See Justice?
Will Defrauded Creditors See any Penny This legal battle is not just about recovering funds—it could set a precedent for ...
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