The estate of now-defunct crypto exchange FTX has filed a lawsuit against Binance and its former CEO Changpeng Zhao in a bid ...
FTX has taken legal action against Binance and its former CEO Changpeng "CZ" Zhao over an alleged fraudulent repurchase of shares by former FTX CEO Sam Bankman-Fried. The repurchase was funded by ...
FTX crypto exchange collapsed in 2022 FTX founder Sam Bankman-Fried is currently in prison In 2022 Zhao had said Binance intended to sell its FTT tokens ...
The estate asserts that Sam Bankman-Fried’s $1.75 billion repurchase agreement with Binance in July 2021 was a fraudulent transfer. The FTX bankruptcy estate has filed a lawsuit against Binance, its ...
Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried ...
The FTX estate also argues that the deal, agreed upon with FTX co-founder Sam Bankman-Fried, constitutes a "constructive fraudulent transfer." Bankman-Fried is currently serving a 25-year prison ...
FTX sues Binance and CZ, seeking $1.76 billion over allegedly fraudulent stock repurchase, implicating FTX's insolvency ...
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 ...
FTX filed a lawsuit against Binance and Changpeng Zhao (CZ) to recover $1.8B it claims was fraudulently transferred in a stock repurchase deal.
FTX has filed a lawsuit against Binance and its former CEO Changpeng Zhao, seeking to recover $1.8 billion in funds from a disputed 2021 transaction.
The litigation marks the latest escalation of tensions between two of the biggest names in crypto, after the meteoric ...