FTX sues Binance and its former CEO for $1.8 billion
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. The lawsuit relates to Binance's sale of its stake in Sam Bankman-Fried's FTX,
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,
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
FTX sues crypto exchange Binance and its former CEO Zhao for $1.8 billion
The litigation marks the latest escalation of tensions between two of the biggest names in crypto, after the meteoric collapse of FTX rocked the market.
FTX is suing Binance to recover nearly $1.8 billion
The estate of now-defunct crypto exchange FTX has filed a lawsuit against Binance and its former CEO Changpeng Zhao in a bid to recover $1.76 billion. FTX alleges these funds were fraudulently transferred to Binance,
FTX Sues Binance Founder Changpeng Zhao in Bid to Recover $1.8 Billion
FTX has filed a lawsuit against Binance and its former CEO, Changpeng Zhao. Zhao’s tweet accelerated FTX’s collapse. The lawsuit is one of over 20
Binance and Changpeng Zhao Face $1.8B FTX Lawsuit Over Fraud Claims and Collapse Scandal
FTX has taken Binance and its founder Changpeng Zhao to court, filing a $1.8 billion lawsuit over allegations of fraudulent transfers linked to a 2021 share deal. The filing also claims Zhaos statements pushed FTX into
Binance, CZ face FTX’s $1.8B stock repurchase lawsuit
The fallen crypto exchange, FTX has filed a lawsuit against Binance Holdings and its former CEO, Changpeng Zhao (CZ) in fresh legal pursuit. It is seeking to recover nearly $1.8 billion which it claims was fraudulently transferred by Sam Bankman-Fried (SBF).
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 ...
FTX Sues Anthony Scaramucci, Claims Bankman-Fried’s Investments in SkyBridge Brought Minimal Benefit
FTX has filed a lawsuit against former White House communications director Anthony Scaramucci and his hedge fund, SkyBridge ...
Caroline Ellison, Sam Bankman-Fried’s ex-lover, begins 2-year prison sentence
Fried ’s fallen FTX cryptocurrency empire, began her two-year prison sentence Thursday for her role in a fraud that cost ...
The Associated Press on MSN11d
Ex-FTX executive spared prison sentence after cooperating against Sam Bankman-Fried
An ex-FTX executive who testified against the cryptocurrency firm's founder at his trial last year has been spared a prison ...
Bankman-Fried's Ex-Deputy Singh Avoids Prison Time Over Crypto Fraud
Kaplan last month sentenced Caroline Ellison, Bankman-Fried's former girlfriend and an executive at FTX's sister hedge fund ...
New York Post11d
Sam Bankman-Fried’s ex-deputy avoids prison time over FTX fraud: ‘Strayed so far from my values’
Former cryptocurrency executive Nishad Singh, who once shared a $35 million Bahamas penthouse with FTX founder Sam Bankman-Fried, was spared prison time by a judge on Wednesday for his role in the ...
AMBCrypto10d
Ex-FTX executive dodges prison for testifying against Sam Bankman-Fried
Nishad Singh, former engineering director of the collapsed crypto exchange FTX, has been spared a prison sentence after ...
Read a letter from Sam Bankman-Fried’s father.
Fried, Ms. Ellison and Mr. Singh have written letters to Lewis A. Kaplan, the judge overseeing the FTX case, pleading for leniency for their children. They described the emotional toll of FTX’s ...
techtimes2d
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 ...