FTX Sues Binance CEO Zhao For $1.76 Billion

FTX Sues Binance CEO Zhao For $1.76 Billion: Conspiracy Vs Governance?
FTX’s bankruptcy estate has launched a $1.8 billion lawsuit against Binance and its former CEO, Changpeng Zhao, accusing them of fraudulent transactions.
FTX Sues Crypto Exchange Binance For $1.8 Billion
FTX is suing Binance and its former CEO, Changpeng Zhao, for $1.8 billion, accusing them of engaging in a fraudulent share deal in July 2021.
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.
Binance Co-Founder Changpeng Zhao Is Being Sued for $1.8 Billion by Sam Bankman-Fried’s Failed Crypto Exchange, FTX
FTX, which is currently in bankruptcy proceedings in Delaware, argues that the funds Binance and its executives received from FTX in the June 2021 were fraudulently transferred because FTX and its affiliated hedge fund,
The Failed Crypto Exchange FTX Is Suing Binance for $1.8 Billion
The estate of the failed crypto exchange FTX is suing Binance and its former CEO Changpeng Zhao for $1.8 billion that it says was given fraudulently.
Bankrupt and disgraced FTX sues Binance for $1.8 billion in bare-knuckle crypto feud
Imprisoned crypto king Sam Bankman-Fried is now accused of yet even more wrongdoing, this time by the defunct exchange he founded.
FTX sues Binance and former CEO Zhao Changpeng for US$1.8 billion
The lawsuit relates to Binance’s sale of its stake in FTX, the rival exchange founded by the now-imprisoned Sam Bankman-Fried.
Ex-FTX Tech Chief Builds Fraud Detection Tool for Prosecutors
Gary Wang, FTX's former chief technology officer, will be sentenced next week for his role in the crypto firm's collapse. His ...
FTX And Their 23 Lawsuits: Will Defrauded Investors See Justice?
Will Defrauded Creditors See any Penny This legal battle is not just about recovering funds—it could set a precedent for ...
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FTX Goes Against Binance and Former CEO, Seeking $1.76B for Fraudulent Transactions Under SBF
FTX wants Binance to return its previous payment of $1.76 billion as it was made in ill-fate by Sam Bankman-Fried.
Former FTX US general counsel to co-lead law firm crypto practice
Ryne Miller, the former general counsel of the now-bankrupt FTX US exchange, has joined U.S. law firm Lowenstein Sandler amid ...
FTX bankruptcy estate sues Anthony Scaramucci, FWD.us, others
Bankrupt cryptocurrency company FTX filed 23 lawsuits Friday against Anthony Scaramucci (pictured above), his hedge fund ...
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Lowenstein Sandler hires former FTX general counsel
Ryne Miller comes on board as a partner and chair of the new commodities, futures and derivatives practice and co-chair of ...
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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 ...