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FTX sues crypto exchange Binance and its former CEO Zhao
FTX Sues Binance and Its Former CEO for $1.8 Billion
LONDON (Reuters) - Collapsed cryptocurrency company FTX is suing Binance and its former CEO Changpeng Zhao, alleging that $1.8 billion was "fraudulently transferred" by FTX management to Binance and its executives.
Defunct FTX sues Binance, former CEO for fraud
The estate of the crippled digital exchange FTX filed a lawsuit against fellow crypto exchange Binance on Sunday as it tries to get back $1.76 billion in what it claims was a "fraudulent" share agreement.
FTX Estate Sues Binance to Recover $1.8B in Alleged Fraudulent Transfer
The estate handling the bankruptcy of FTX has intensified its efforts to reclaim assets amid its ongoing proceedings.
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
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.
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,
3h
on MSN
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 ...
6h
on MSN
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 ...
Wall Street Journal
2h
FTX to Binance: Please Pay Us Back $1.8 billion
FTX's bankruptcy estate sued
Binance
to recover almost $1.8 billion that Sam Bankman-Fried spent buying back stakes that his one-time rival owned in his cryptocurrency
exchange
. FTX sold a 20% ...
decrypt
1h
'Binance Effect': Peanut the Squirrel, Act I: The AI Prophecy Meme Coins Skyrocket
A pair of Solana meme coins have seen parabolic gains since Binance added them for spot trading overnight, with one token ...
4h
on MSN
Binance CEO calls Trump's election victory a 'big win for crypto' as bitcoin hits a new high
The price of bitcoin has risen over $80,000 for the first time following the president-elect's win over Kamala Harris last ...
4d
‘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 ...
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