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 Binance for $1.8B, claims ex-CEO Zhao ‘set out to destroy’ firm
The estate of FTX has filed a lawsuit against rival firm Binance and its former CEO Changpeng Zhao in an effort to claw back nearly $1.8 billion linked to an allegedly “fraudulent” deal
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,
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,
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.
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.
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