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FTX sues Binance and former chief Zhao
After Anthony Scaramucci, FTX Sues Binance And Ex-CEO Changpeng 'CZ' Zhao To Reclaim $1.8B Amid Bankruptcy Tussle
In the latest development in the FTX bankruptcy case, the collapsed entity has launched a lawsuit against cryptocurrency exchange Binance (CRYPTO: BNB), aiming to reclaim $1.8 billion. What Happened: The plaintiffs in the case are alleging that Binance,
FTX Bankruptcy Estate Sues Binance and Former CEO CZ for $1.8B Over Alleged Fraud
FTX sued Binance and former CEO Changpeng Zhao to recover $1.8b, alleging fraudulent transfers that harmed its financial stability.
FTX sues Binance, former CEO Zhao seeking $1.8 billion clawback
Bankman-Fried paid for the stock repurchase using a mix of
FTX
’s exchange
token
FTT and Binance-branded coins BNB and BUSD valued at $1.76 billion at the time, according to the filing.
FTX
and its sister trading house Alameda Research “may have been ...
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 and former chief Zhao for $1.8bn
Collapsed crypto exchange FTX is suing Binance and its former chief executive Changpeng Zhao for $1.8bn, over an allegedly “fraudulent” share deal. The dispute relates to a July 2021 deal in which Binance,
Cryptopolitan on MSN
1d
FTX drags Scaramucci, Storybook Brawl, others to court to recover funds
FTX has filed lawsuits against several individuals and entities in a bid to recover some funds for its creditors. The filing ...
financefeeds
13d
FTX settles lawsuit with Bybit, secures $228M for creditor repayment
FTX agreed to drop its lawsuit against Bybit in a settlement allowing the defunct exchange to recover roughly $228 million.
CoinDesk on MSN
13d
FTX's $228M Settlement With Bybit Brings Conclusion of Epic Liquidation Closer
The FTX bankruptcy nears its finish line, with recoveries higher than what was in accounts when it collapsed – though those ...
cryptopolitan
1d
FTX files lawsuits over $1 billion losses due to alleged market manipulation
FTX's bankruptcy administrator has filed 22 new lawsuits, targeting non-profit organizations and individuals to recover funds ...
The Daily Hodl
12d
Bankrupt FTX Inks Over $227,000,000 Settlement With Bybit To Recover Stakeholder Funds
The bankrupt crypto exchange FTX has reached a settlement with the digital asset exchange Bybit to the tune of hundreds of ...
blockonomi
3d
Coinbase Introduces First Native Token on Solana with cbBTC Releas
Coinbase launches its bitcoin-backed token cbBTC on Solana with $10 million initial deployment, marking its first native ...
Nairametrics
12h
FTX sues Binance, Former CEO Zhao in $1.8 Billion Clawback Case
The plaintiffs argue that Bankman-Fried used a combination of
FTX
’s native
token
(FTT), Binance Coin (BNB), and Binance ...
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