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FTX, Binance and Changpeng Zhao
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.
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.
The Failed Crypto Exchange FTX Is Suing Binance for $1.8 Billion
The estate of the failed crypto exchange FTX is suing Binance and its former CEO Changpeng Zhao for $1.8 billion that it says was given fraudulently.
FTX sues Binance for $1.76B in battle of crypto exchanges founded by convicts
The complaint filed yesterday in US Bankruptcy Court in Delaware names Binance and co-founder and former CEO Changpeng Zhao among the defendants. FTX founder Sam Bankman-Fried sold 20 percent of his crypto exchange to Binance in November 2019, but Binance exited that investment in 2021, the lawsuit said.
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.
DOJ Wants Sam Bankman-Fried Bribes, FTX Sues
DOJ intensifies efforts to seize $17.9M in FTX crypto assets amid ongoing lawsuits and fallout from Sam Bankman-Fried's alleged bribery.
Business Insider
11h
FTX is suing super PACs and dark-money groups to claw back over $38 million in political giving
An icon in the shape of a lightning bolt. Impact Link Lawyers trying to recover money spent by the
crypto
firm
FTX
before ...
5h
Ex-FTX Tech Chief Builds Fraud Detection Tool for Prosecutors
Gary Wang, FTX's former chief technology officer, will be sentenced next week for his role in the crypto firm's collapse. His ...
13h
Three Arrows Capital seeks to increase claim against FTX to $1.5B
Three Arrows Capital liquidators seek to revise their claim against FTX from $120 million to $1.53 billion, citing improper ...
Business 2 Community
1d
DOJ Targets FTX Crypto Account Holding $16M in Assets Linked to Bribery Case
The Department of Justice (DOJ) has filed the paperwork required to seize approximately $16 million in cryptocurrency linked ...
Pensions&Investments
5h
SEC’s Gensler says approach to crypto 'didn’t actually differ much' from former Chair Clayton
SEC Chair Gary Gensler defended the agency’s approach to regulating cryptocurrency, contending that his leadership has not ...
2d
Former FTX US general counsel to co-lead law firm crypto practice
Ryne Miller, the former general counsel of the now-bankrupt FTX US exchange, has joined U.S. law firm Lowenstein Sandler amid ...
techtimes
5d
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 ...
13d
on MSN
Billions in FTX assets set to reenter crypto market just as new regulations take hold
He noted that upcoming fair value accounting rules will further facilitate crypto adoption by allowing companies to hold ...
Opinion
The York Dispatch
8h
Opinion
Crypto cornering: The risky industry wagers big on elections, and wins
Billions of dollars have been wiped out in successive crypto collapses, most infamously the FTX debacle that resulted in ...
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