FTX sues Binance and former CEO Zhao for $1.8 billion received as part of a ‘fraudulent’ share deal
The estate of defunct crypto exchange FTX filed a suit against Binance and its former CEO ChangPeng Zhao seeking to recoup almost $1.8 billion FTX alleges was “fraudulently” transferred to Binance and executives by Sam Bankman-Fried as part of a share deal.
FTX Sues Binance and Its Former CEO for $1.8 Billion
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 lawsuit relates to Binance's sale of its stake in Sam Bankman-Fried's FTX,
"Does that mean the church gets to keep it?" Lawyers for FTX did not respond to a request for comment. In addition to ...
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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Since Donald Trump's election last Tuesday, Bitcoin prices have been soaring, including a furious rally on Monday that saw ...
The FTX estate says it could have beaten the former Alameda co-CEO in court, but didn’t want to waste the time and money.
DOJ intensifies efforts to seize $17.9M in FTX crypto assets amid ongoing lawsuits and fallout from Sam Bankman-Fried's ...
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FTX sues Binance for $1.8 billionincluding what investors are watching and why FTX is suing Binance. Jerry Jones speaks on Mike McCarthy's future with ...
Pepe coin, a memecoin based on Pepe the Frog character created by Matt Furie in 2005, is the tokenised version of this ...
Bankrupt cryptocurrency company FTX filed 23 lawsuits Friday against Anthony Scaramucci (pictured above), his hedge fund SkyBridge Capital, and other organizations including Crypto.com and the ...
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Why Caroline Ellison had to go to prison but Nishad Singh doesn’tCaroline Ellison and Nishad Singh, two former top executives wrapped up in the FTX and Alameda Research fraud saga, found ...
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