which was funded by FTX's Alameda Research Division. Advertisement It said Alameda, in a deal that was agreed to by embattled ...
His actions, which exploited a flaw in FTX's margin trading rules, led to $1 billion of losses for the exchange and Alameda Research, according to the lawsuit. Among the lawsuits filed last week by ...
Funding the share repurchase, FTX's Alameda Research unit used a combination of FTX's native token FTT (FTT-USD) and Binance-branded tokens BNB (BNB-USD) and BUSD (BUSD-USD) valued at $1.76B at the ...
The estate’s filing argued that FTX and Alameda “may have been insolvent from inception” and noted that by early 2021, both entities were “balance-sheet insolvent”. As a result, the estate contends ...
FTX’s bankruptcy estate sued Binance, alleging a $1.8 billion fraudulent transfer related to Binance’s 2021 repurchase deal ...
The litigation marks the latest escalation of tensions between two of the biggest names in crypto, after the meteoric ...
FTX sued Binance and former CEO Changpeng Zhao to recover $1.8b, alleging fraudulent transfers that harmed its financial ...
The estate of now-defunct crypto exchange FTX has filed a lawsuit against Binance and its former CEO Changpeng Zhao in a bid ...
FTX's bankruptcy administrator has filed 22 new lawsuits, targeting non-profit organizations and individuals to recover funds ...
Similarly, FTX has also taken the fight against KuCoin for a similar case where Alameda created an account that contains ...
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% stake ...