FTX sues Binance and former CEO Zhao for $1.8 billion received as part of a ‘fraudulent’ share deal

The estate of defunct crypto exchange FTX filed a suit against Binance and its former CEO ChangPeng Zhao seeking to recoup almost $1.8 billion FTX alleges was “fraudulently” transferred to Binance and executives by Sam Bankman-Fried as part of a shar

By: Biztoc.com

Nov 21 2024
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FTX sues Binance and former CEO Zhao for $1.8 billion received as part of a ‘fraudulent’ share deal — FTX sues Binance and former CE

The estate of defunct crypto exchange FTX filed a suit against Binance and its former CEO ChangPeng Zhao seeking to recoup almost $1.8 billion FTX alleges was fraudulently transferred to Binance and … [+140 chars]

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