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FTX sues Binance for $1.76B
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.
FTX Sues Binance and Its Former CEO for $1.8 Billion
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. The lawsuit relates to Binance's sale of its stake in Sam Bankman-Fried's FTX,
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 to Binance: Please Pay Us Back $1.8 billion
FTX's bankruptcy estate sued Binance to recover almost $1.8 billion that Sam Bankman-Fried spent buying back stakes that his one-time rival owned in his cryptocurrency exchange. FTX sold a 20% stake in the company to Binance in 2019,
Defunct crypto group FTX seeks to claw back $1.8 bn from Binance
The liquidators of the defunct cryptocurrency exchange FTX have sued to try to claw back $1.8 billion paid by the company to competitor Binance the year before its bankruptcy, according
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 is suing former crypto rival Binance for $1.8 billion
Failed cryptocurrency exchange FTX sued former rival Binance to recoup nearly $1.8 billion that was sent by former FTX CEO Sam Bankman-Fried.
5d
on MSN
Caroline Ellison begins 2-year sentence for her role in Bankman-Fried's FTX fraud
Caroline Ellison, a former top executive in Sam Bankman-Fried ’s fallen FTX cryptocurrency empire, began her two-year prison ...
CoinDesk on MSN
18h
Former Alameda Co-CEO Sam Trabucco Agrees to Forfeit $70M, Yacht, Apartments to FTX Creditors
Former co-CEO of Alameda Research, Sam Trabucco, has agreed to hand over two properties and a 53-foot yacht to creditors of ...
blockonomi
4d
Caroline Ellison Begins 2 Year Prison Term for Role in FTX Crypto Exchange Collapse
Former Alameda Research CEO Caroline Ellison reported to prison to begin serving a two-year sentence for her role in the FTX ...
Impacts
4d
FTX Fraudster Caroline Ellison Begins 2-year Prison Term
Caroline Ellison, the key witness in the case against FTX founder Sam Bankman-Fried, arrived at a low-security federal prison ...
The Daily Hodl
4d
Former FTX Executive Caroline Ellison Set To Begin Two-Year Prison Sentence for Role in FTX Fiasco
Former FTX executive Caroline Ellison is set to start her two-year prison term in Connecticut. According to a new report by ...
financefeeds
4d
Ex-Alameda CEO Caroline Ellison begin two-year prison sentence
Caroline Ellison, former CEO of Alameda Research, is expected to begin her two-year prison sentence today for her involvement ...
decrypt
4d
FTX Founder Gary Wang Hopes to Avoid Prison—Unlike SBF and Caroline Ellison
Gary Wang's legal team asked for the FTX co-founder to be spared from prison, much like fellow exec Nishad Singh was after ...
13d
Here is the letter from Caroline Ellison’s parents to Judge Kaplan.
Fried, Ms. Ellison and Mr. Singh have written letters to Lewis A. Kaplan, the judge overseeing the FTX case, pleading for ...
NBC News on MSN
12d
FTX's Nishad Singh gets no jail time, 3 years supervised release for role in crypto fraud
Nishad Singh was the fourth former FTX executive to be handed a punishment tied to the collapse of the crypto exchange in ...
4d
FTX fraudster Caroline Ellison reports to Connecticut prison to begin 2-year sentence
Caroline Ellison, who pleaded guilty to fraud charges tied to the collapse of crypto exchange FTX, is beginning her two-year prison sentence.
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