FTX sues Binance and former chief Zhao

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,
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, ex-CEO Zhao seeking $1.8bn clawback
FTX filed a lawsuit against Binance and its former chief executive Changpeng Zhao, seeking to claw back almost $1.8 billion (€1.7 billion) it alleges was fraudulently transferred by Sam Bankman-Fried.
FTX sues Binance, Ex-CEO Zhao seeking 'fraudulently transferred' $1.8 bn
Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried, the FTX co-founder who is now in prison
FTX Sues Binance, Former CEO CZ for $1.8B
The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer should be classed as fraudulent
Binance, CZ face FTX’s $1.8B stock repurchase lawsuit
The fallen crypto exchange, FTX has filed a lawsuit against Binance Holdings and its former CEO, Changpeng Zhao (CZ) in fresh legal pursuit. It is seeking to recover nearly $1.8 billion which it claims was fraudulently transferred by Sam Bankman-Fried (SBF).
FTX Bankruptcy Estate Sues Binance and Changpeng Zhao for $1.8 Billion
The FTX bankruptcy estate is actively pursuing legal actions as part of its ongoing bankruptcy proceedings, which now include a significant lawsuit against the cryptocurrency exchange Binance and its former CEO Changpeng “CZ” Zhao,
80% of memecoins pumped after Binance listing in 2024
The cryptocurrency exchange Binance saw significant price increases for most memecoins listed on its platform in 2024. On Nov ...
coinspeaker1h
FTX Estate Sues Binance to Recover $1.8B in Alleged Fraudulent Transfer
Specifically, the company sold approximately 20% of the international exchange and 18.4% of its US counterpart to Binance. The estate’s filing argued that FTX and Alameda “may have been insolvent ...
FTX hits Binance with lawsuit over Sam Bankman-Fried transactions
FTX launched legal action against Binance, seeking the return of almost $1.8bn that was allegedly transferred fraudulently ...
Nairametrics14h
FTX sues Binance, Former CEO Zhao in $1.8 Billion Clawback Case
The bankruptcy estate of the defunct cryptocurrency exchange FTX has filed a lawsuit against Binance and its former CEO, ...
‘The King Is Back’: Binance Billionaire CZ Plots Life After Prison
Changpeng Zhao, the billionaire founder of the Binance cryptocurrency exchange, arrived at the Coca-Cola Arena in Dubai to ...
Solana Memecoin ACT Rockets 1,720% on Binance Listing as Altcoin Market Heats Up
ACT, a memecoin based on a Discord server featuring AI chat bots, has risen by 1,720% after being listed on Binance.Trading volume has topped ...