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FTX Sues Binance CEO Zhao For $1.76 Billion
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 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’s Changpeng Zhao, Alleging Fraudulent Buyback, Sabotage
FTX has filed a lawsuit against Binance and its former CEO Changpeng Zhao for $1.76 billion, asserting Binance’s role in FTX’s 2022 collapse. According to FTX, its founder, Sam Bankman-Fried, financed a share buyback using customer funds—a transaction the suit claims was motivated by Zhao’s alleged attempts to sabotage FTX’s market position.
Binance Co-Founder Changpeng Zhao Is Being Sued for $1.8 Billion by Sam Bankman-Fried’s Failed Crypto Exchange, FTX
The two crypto exchanges have a history of bad blood. Changpeng Zhao, the co-founder and former CEO of crypto exchange Binance, may have thought his legal troubles were over when he was recently released from prison.
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.
Benzinga.com
1d
Binance Founder CZ Gained $12B Overnight When Trump Won And Now Shares His Future Plans After Prison
His shareholder rights remain intact and
Binance
must occasionally consult him ... They worked out together and CZ tried to ...
SportsPro
1d
‘We’re still here and we’re stronger than ever’: Why Binance is ready to tiptoe back into sports
SportsPro speaks to Binance's Sarah Dale about why she believes crypto sponsorship activity is set to return to its previous ...
2d
Trump Already Preparing to Load Up Government with Pro-Crypto Officials
Some of the names under consideration for the SEC and other positions include Daniel Gallagher, a former SEC official now at ...
Crypto Briefing
1d
Polymarket predicts an 88% chance of Trump picking pro-Bitcoin Scott Bessent for Treasury secretary
Polymarket predicts an 88% chance of pro-Bitcoin Scott Bessent leading US crypto policy under Trump, highlighting strategic ...
16h
Trump Administration Eyes Pro-Crypto Appointments, Aiming to Make U.S. “Crypto Capital of the Planet
Donald Trump is reportedly considering a pro-crypto agenda to draw support from industry backers and concerns from consumer ...
ReadWrite
1d
Trump poised to place pro-crypto people in SEC
President-elect Donald Trump appears to be planning to put pro-crypto candidates in place across major federal financial ...
6d
on MSN
Binance founder Changpeng Zhao says prison inmates and guards asked him for crypto tips
Binance founder Changpeng Zhao, known as "CZ," said he wasn't initially recognized in prison — but word of his crypto empire ...
1d
Trump’s Pro-Crypto Stance Promises Major Regulatory Shifts
As President-elect Donald Trump prepares for his return to office, his administration is set to embrace a more ...
Hosted on MSN
1d
Insights on cryptocurrency exchange activity post-U.S. presidential election and renewed investor demand
CryptoQuant revealed that cryptocurrency exchange trading saw its largest volume since March 2024. According to the firm, ...
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