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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.
Binance, CZ face FTX’s $1.8B stock repurchase lawsuit
FTX filed a lawsuit against Binance and Changpeng Zhao (CZ) to recover $1.8B it claims was fraudulently transferred in a stock repurchase deal.
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% stake in the company to Binance in 2019,
FTX Sues Binance Founder Changpeng Zhao in Bid to Recover $1.8 Billion
FTX has filed a lawsuit against Binance and its former CEO, Changpeng Zhao. Zhao’s tweet accelerated FTX’s collapse. The lawsuit is one of over 20
coinspeaker
1h
FTX Estate Sues Binance to Recover $1.8B in Alleged Fraudulent Transfer
FTX
May Have Been Insolvent from Day One The legal action traces back to a 2021 stock repurchase deal between the two
crypto
giants. Under the terms of that agreement, Sam Bankman-Fried (SBF), ...
techtimes
2d
FTX Is Fighting to Recover $11M From Crypto.com to Repay Creditors, Locked out Since Bankruptcy
Similarly, FTX has also taken the fight against KuCoin for a similar case where Alameda created an account that contains ...
2h
on MSN
Two of the world's biggest Crypto companies are fighting again, this time over this 2021 transaction
FTX's estate sued Binance and its former CEO, Changpeng Zhao, for at least $1.76 billion over an alleged fraudulent share ...
CoinDesk on MSN
1h
Humpy the Whale Cost FTX, Alameda $1 Billion in Losses, Lawsuit Alleges
Sign up for First Mover, our daily newsletter putting the latest moves in crypto markets in context.
crypto2community
4d
Cyprus Extends FTX Europe Suspension Until May 2025 Amid Ongoing Review
Cyprus extends FTX Europe suspension to May 2025, restricting new trades and clients, while existing users can withdraw funds ...
13d
on MSN
How Elections Affect Crypto Markets
Elections have historically rocked the crypto markets. Compare trusted exchanges and learn how presidential politics really ...
Hosted on MSN
10d
FTX’s Nishad Singh Avoids 75-Year Term With Sentence Of Time Served And Supervised Release Following Extensive Cooperation In Crypto Firm’s Legal Proceedi…
Former head of engineering at FTX Nishad Singh was sentenced to time served and three years of supervised release after ...
decrypt
11d
FTX CEO Makes Last-Minute Plea for Leniency in Nishad Singh Sentencing
John Ray laid out the importance of Nishad Singh’s future cooperation to FTX’s bankruptcy, hours before the crypto ...
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