FTX Sues Binance CEO Zhao For $1.76 Billion

FTX wants Binance to return its previous payment of $1.76 billion as it was made in ill-fate by Sam Bankman-Fried.
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 FTX CEO 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 ...