FTX was one of the largest cryptocurrency firms in the world before it collapsed in late 2022. Arch-rival Binance, then led by Zhao, was set to come to its rescue and buy FTX's non-U.S. unit as it ...
FTX has taken legal action against Binance and its former CEO Changpeng "CZ" Zhao over an alleged fraudulent repurchase of shares by former FTXCEO Sam Bankman-Fried. The repurchase was funded ...
FTX charged in Delaware court that in a 2021 deal, Binance and its then-CEO Changpeng Zhao, who is also named in the lawsuit, left 20% of their investment in FTX, selling it back to FTX ...
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