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 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 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
Defunct FTX sues Binance, former CEO for fraud
The estate of the crippled digital exchange FTX filed a lawsuit against fellow crypto exchange Binance on Sunday as it tries to get back $1.76 billion in what it claims was a "fraudulent" share agreement.
FTX sues Binance, ex-CEO Zhao seeking $1.8 billion
FTX filed a lawsuit against Binance Holdings Ltd. and its former Chief Executive Officer Changpeng Zhao, seeking to claw back almost $1.8 billion whose assets were fraudulently transferred by Sam Bankman-Fried.
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 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.
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 files lawsuit against Binance and former CEO; seeks $1.8 billion in recovery
FTX is suing Binance and its former CEO, Changpeng Zhao, for nearly $1.8 billion. FTX alleges that Binance's 2021 buyback of its stake in FTX was frau
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 And Their 23 Lawsuits: Will Defrauded Investors See Justice?
Will Defrauded Creditors See any Penny This legal battle is not just about recovering funds—it could set a precedent for ...
techtimes3d
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.
Column: Suing to recover billions, FTX's receiver discloses the stunning scale of its grift — and stupidity
A blizzard of lawsuits filed by its receiver reveals that the once-high-flying crypto firm FTX was even more crooked and dumb ...
Business 2 Community3d
DOJ Targets FTX Crypto Account Holding $16M in Assets Linked to Bribery Case
Authorities emphasize that the money was used for illegal activities. The account’s origins were traced back to 2021 when Sam ...
The Daily Hodl3d
Ex-Alameda CEO Sam Trabucco Agrees To Forfeit Two Apartments, Yacht and $70,000,000 in Rights to Claims: Report
Former Alameda Research co-CEO Sam Trabucco has agreed to forfeit millions of dollars worth of assets for his alleged role in ...
Cryptopolitan on MSN6d
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 ...
FTX bankruptcy estate sues Anthony Scaramucci and SkyBridge Capital
The FTX bankruptcy estate seeks to recover over $100 million from SkyBridge Capital and founder Anthony Scaramucci to recoup ...