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Bankrupt and disgraced FTX sues Binance for $1.8 billion
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 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 Crypto Exchange Binance For $1.8 Billion
FTX is suing Binance and its former CEO, Changpeng Zhao, for $1.8 billion, accusing them of engaging in a fraudulent share deal in July 2021.
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 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.
The Failed Crypto Exchange FTX Is Suing Binance for $1.8 Billion
The estate of the failed cryptocurrency exchange founded by Sam Bankman-Fried is now suing another crypto exchange, The Verge reported on Monday. The FTX estate is seeking to recover $1.8 billion from Binance and its former CEO Changpeng Zhao, alleging that Bankman-Fried illegally transferred the money to those entities back in July 2021.
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.
techtimes
1d
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.
8h
US gov’t points to Gary Wang’s ’outstanding cooperation’ in FTX case
The final individual indicted in the FTX criminal case will face sentencing in a New York courtroom on Nov. 20.
1d
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 ...
21h
Department Of Justice Seeks To Seize $16 Million In Crypto Assets Tied To FTX Bribery Case
The U.S. Department of Justice (DOJ) has filed a civil forfeiture complaint to seize approximately $16 million in ...
cryptonews
1d
DOJ Seeks Seizure of $16M in Crypto Linked to FTX from Binance After Year-long Investigation
The DOJ has initiated a civil forfeiture complaint to seize approximately $16 million in cryptocurrency held in a Binance ...
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 ...
1d
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 ...
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