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FTX Sues Binance and Its Former CEO
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 Binance for $1.76B in battle of crypto exchanges founded by convicts
The complaint filed yesterday in US Bankruptcy Court in Delaware names Binance and co-founder and former CEO Changpeng Zhao among the defendants. FTX founder Sam Bankman-Fried sold 20 percent of his crypto exchange to Binance in November 2019, but Binance exited that investment in 2021, the lawsuit said.
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.
The Daily Hodl
1h
Binance Triggers 2,224% Memecoin Eruption After Surprise Listing Announcement
Two Solana (SOL)-based memecoins are going parabolic after earning sudden support from Binance, the world's largest crypto ...
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$1.3m Raised: Why Dogizen Is Charging Towards a Binance Listing
After making headlines with its canine-themed counterpart to the popular Telegram game, Catizen, and holding the first-ever ...
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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 ...
decrypt
4h
'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 ...
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