The estate of now-defunct crypto exchange FTX has filed a lawsuit against Binance and its former CEO Changpeng Zhao in a bid ...
FTX crypto exchange collapsed in 2022 FTX founder Sam Bankman-Fried is currently in prison In 2022 Zhao had said Binance intended to sell its FTT tokens ...
alleging fraudulent dealings with Sam Bankman-Fried before FTX's collapse. The lawsuit focuses on a stock acquisition transaction where Bankman-Fried sold 20% of FTX Global and 18.4% of FTX.US. The ...
FTX has taken legal action against Binance and its former CEO Changpeng 'CZ' Zhao over an alleged fraudulent repurchase of shares by former FTX ...
agreed upon with FTX co-founder Sam Bankman-Fried, constitutes a "constructive fraudulent transfer." Bankman-Fried is currently serving a 25-year prison sentence for fraud charges related to the ...
FTX sues Binance and CZ, seeking $1.76 billion over allegedly fraudulent stock repurchase, implicating FTX's insolvency ...
FTX launched legal action against Binance, seeking the return of almost $1.8bn that was allegedly transferred fraudulently ...
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 ...
FTX filed a lawsuit against Binance and Changpeng Zhao (CZ) to recover $1.8B it claims was fraudulently transferred in a stock repurchase deal.
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.
just before FTX’s collapse in November 2022 was part of a deliberate strategy to damage FTX and enhance Binance’s position in the market. This action was contrary to Zhao’s public statements that ...