FTX filed a lawsuit against Binance and Changpeng Zhao (CZ) to recover $1.8B it claims was fraudulently transferred in a stock repurchase deal.
FTX filed a lawsuit against Binance and its former chief executive Changpeng Zhao, seeking to claw back almost $1.8 billion (€1.7 billion) it alleges was fraudulently transferred by Sam Bankman-Fried.
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 has filed a lawsuit against Binance and its former CEO Changpeng Zhao, seeking to recover $1.8 billion in funds from a disputed 2021 transaction.
In the latest development in the FTX bankruptcy case, the collapsed entity has launched a lawsuit against cryptocurrency ...
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FTX sues Binance and CZ for $1.8B, alleging asset misappropriations by ex-CEO Bankman-Fried to repay creditors ...
Alameda’s decision to sue Ivanov is just one of many similar moves that aims to retrieve funds for FTX creditors. Alameda seeks $90 million in assets from Waves founder Ivanov. FTX estate filed over ...