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FTX Files $1.8 Billion Lawsuit Against Binance and Changpeng Zhao Over Alleged Fraudulent Transfers
FTX has filed a lawsuit against Binance and its former CEO, Changpeng Zhao (CZ), seeking $1.8 billion in return. The lawsuit, filed in Delaware’s bankruptcy court, alleges that Binance and CZ received these funds as part of a 2021 share repurchase agreement facilitated by FTX’s co-founder, Sam Bankman-Fried. FTX claims that this transaction was fraudulent […]
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