FTX Sues Binance and Its Former CEO for $1.8B

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Insurance Journal - Nov 12, 2024

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 &#8230...

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