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,
Defunct FTX sues Binance, former CEO for fraud
The estate of the crippled digital exchange FTX filed a lawsuit against fellow crypto exchange Binance on Sunday as it tries to get back $1.76 billion in what it claims was a "fraudulent" share agreement.
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, and Binance executives ...
FTX Sues Binance, Former CEO CZ for $1.8B
The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer should be classed as fraudulent
FTX Sues Binance, Former CEO Zhao Seeking $1.8 Billion Clawback
FTX filed a lawsuit against Binance Holdings Ltd. and its former Chief Executive Officer Changpeng Zhao, seeking to claw back almost $1.8 billion it alleges was fraudulently transferred by Sam Bankman-Fried.
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.
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 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
Binance and Changpeng Zhao Face $1.8B FTX Lawsuit Over Fraud Claims and Collapse Scandal
FTX has taken Binance and its founder Changpeng Zhao to court, filing a $1.8 billion lawsuit over allegations of fraudulent transfers linked to a 2021 share deal. The filing also claims Zhaos statements pushed FTX into
Binance, CZ face FTX’s $1.8B stock repurchase lawsuit
The fallen crypto exchange, FTX has filed a lawsuit against Binance Holdings and its former CEO, Changpeng Zhao (CZ) in fresh legal pursuit. It is seeking to recover nearly $1.8 billion which it claims was fraudulently transferred by Sam Bankman-Fried (SBF).
FTX hits Binance with lawsuit over Sam Bankman-Fried transactions
FTX launched legal action against Binance, seeking the return of almost $1.8bn that was allegedly transferred fraudulently ...
FTX bankruptcy estate files $1.8B lawsuit against Binance, CZ
FTX’s bankruptcy estate sued Binance, alleging a $1.8 billion fraudulent transfer related to Binance’s 2021 repurchase deal ...
FTX Sues Anthony Scaramucci, Claims Bankman-Fried’s Investments in SkyBridge Brought Minimal Benefit
FTX has filed a lawsuit against former White House communications director Anthony Scaramucci and his hedge fund, SkyBridge ...
Caroline Ellison, Sam Bankman-Fried’s ex-lover, begins 2-year prison sentence
Fried ’s fallen FTX cryptocurrency empire, began her two-year prison sentence Thursday for her role in a fraud that cost ...
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Ex-FTX executive spared prison sentence after cooperating against Sam Bankman-Fried
An ex-FTX executive who testified against the cryptocurrency firm's founder at his trial last year has been spared a prison ...
Courier-Post3d
A Cherry Hill grad was immersed in the Bankman-Fried crypto scam. Why he may avoid jail
A defense sentencing memorandum asserted that Wang learned of the fraud after it was “well underway, having been lied to and deceived by Sam Bankman-Fried.” But it added: “To Gary’s lasting shame, ...
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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 ...
CoinDesk on MSN2d
Former FTX CTO Gary Wang Asks Court for No Jail Time
Sam Bankman-Fried’s one-time friend and college roommate will be the fourth FTX executive to be sentenced.