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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 · 3d

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 · 3d

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.

Crypto Briefing3d

FTX blames Binance and CZ for collapse, seeks $1.7 billion in new lawsuit

FTX sues Binance and CZ, seeking $1.76 billion over allegedly fraudulent stock repurchase, implicating FTX's insolvency ...

3d

FTX sues Binance and its former CEO for $1.8 billion

Collapsed cryptocurrency company FTX is suing Binance and its former CEO Changpeng Zhao, alleging that $1.8 billion was ...

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