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 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 ...
FTX sued Binance and former CEO Changpeng Zhao to recover $1.8b, alleging fraudulent transfers that harmed its financial ...