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FTX Sues Binance
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.
FTX sues Binance as crypto chaos continues
I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. The stock market is coming off of its best week of the year and extending that rally into this new week.
FTX Sues Binance, Former CEO CZ for $1.8B
The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer should be classed as fraudulent.
Wall Street Journal
2h
FTX to Binance: Please Pay Us Back $1.8 billion
FTX
sold a 20% stake in the
company
to Binance in 2019, and Binance executives including founder Changpeng Zhao also bought shares in the holding
company
for
FTX
's U.S. exchange platform.
techtimes
2d
FTX Is Fighting to Recover $11M From Crypto.com to Repay Creditors, Locked out Since Bankruptcy
Similarly, FTX has also taken the fight against KuCoin for a similar case where Alameda created an account that contains ...
The Daily Hodl
3d
Former FTX Executive Caroline Ellison Set To Begin Two-Year Prison Sentence for Role in FTX Fiasco
Former FTX executive Caroline Ellison is set to start her two-year prison term in Connecticut. According to a new report by ...
3h
FTX hits Binance with lawsuit over Sam Bankman-Fried transactions
FTX launched legal action against Binance, seeking the return of almost $1.8bn that was allegedly transferred fraudulently.
Cryptopolitan on MSN
1d
FTX drags Scaramucci, Storybook Brawl, others to court to recover funds
FTX has filed lawsuits against several individuals and entities in a bid to recover some funds for its creditors. The filing ...
https//beincrypto.com
1d
FTX Ramps Up Legal Actions With 20 Lawsuits Targeting Political Donations and Fraud
FTX's bankruptcy administrator filed over 20 new lawsuits on November 8, intensifying efforts to recover assets from multiple companies.
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