FTX sues Binance and former chief Zhao
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, Zhao and other executives sold their roughly 20 per cent stake in FTX back to the company in exchange for crypto tokens valued at $1.76bn.
FTX sued Binance and former CEO Changpeng Zhao to recover $1.8b, alleging fraudulent transfers that harmed its financial ...
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FTX filed a lawsuit against Binance Holdings Ltd. and its former Chief Executive Officer Changpeng Zhao, seeking to claw ...
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FTX's bankruptcy administrator filed over 20 new lawsuits on November 8, intensifying efforts to recover assets from multiple companies.
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