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 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 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.
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 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.
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.
thedeepdive2h
FTX Files Multiple Lawsuits to Recover Funds, Including $100 Million from Scaramucci
Bankrupt cryptocurrency exchange FTX has filed 25 lawsuits seeking to recover funds from various entities and individuals, ...
techtimes1d
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.
Yahoo Finance2d
The Failed Crypto Exchange FTX Is Suing Binance for $1.8 Billion
Somehow, the FTX saga still isn’t over. The estate of the failed cryptocurrency exchange founded by Sam Bankman-Fried is ...
Business 2 Community1d
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 ...
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 ...
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 ...
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 ...