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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.

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 ...

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 ...

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