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FTX sues Binance for $1.76B
FTX Sues Binance and Its Former CEO for $1.8 Billion
LONDON (Reuters) - 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.
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,
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Binance achieves consecutive billion-dollar inflows
Binance’s $5bn November inflows and record user engagement emphasise digital assets’ growing role in finance, fueled by ...
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Dollar, stocks slip before tight US election; government yields drop
The dollar softened and stocks fell on Monday as investors treaded carefully hours before the U.S. presidential election, ...
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