FTX Sues Binance CEO Zhao For $1.76 Billion

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 for $1.8B, claims ex-CEO Zhao ‘set out to destroy’ firm
The estate of FTX has filed a lawsuit against rival firm Binance and its former CEO Changpeng Zhao in an effort to claw back nearly $1.8 billion linked to an allegedly “fraudulent” deal
FTX sues Binance and former CEO Zhao for $1.8 billion received as part of a ‘fraudulent’ share deal
The estate of defunct crypto exchange FTX filed a suit against Binance and its former CEO ChangPeng Zhao seeking to recoup almost $1.8 billion FTX alleges was “fraudulently” transferred to Binance and executives by Sam Bankman-Fried as part of a share deal.
FTX files lawsuit against Binance, ex-CEO CZ for $1.8B - reports
FTX pointed to a 2021 transaction in which Binance, Zhao and other Binance executives exited their FTX investment, offloading a 20% stake in FTX's international arm and a 18.4% stake in its U.S.-based entity, the reports said, citing a Sunday filing from the FTX estate.
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.
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 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.
The Gazette4d
FTX sues Binance and its former CEO for $1.8 billion
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 ...
techtimes2d
FTX Goes Against Binance and Former CEO, Seeking $1.76B for Fraudulent Transactions Under SBF
FTX wants Binance to return its previous payment of $1.76 billion as it was made in ill-fate by Sam Bankman-Fried.
CoinDesk3d
FTX Sues Binance, Former CEO CZ for $1.8B
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 ...
UPI4d
Defunct FTX sues Binance, former CEO for fraud
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 ...