Bankrupt and disgraced FTX sues Binance for $1.8 billion

Bankrupt and disgraced FTX sues Binance for $1.8 billion in bare-knuckle crypto feud
Imprisoned crypto king Sam Bankman-Fried is now accused of yet even more wrongdoing, this time by the defunct exchange he founded.
Binance Co-Founder Changpeng Zhao Is Being Sued for $1.8 Billion by Sam Bankman-Fried’s Failed Crypto Exchange, FTX
The two crypto exchanges have a history of bad blood. Changpeng Zhao, the co-founder and former CEO of crypto exchange Binance, may have thought his legal troubles were over when he was recently released from prison.
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 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 Binance to recover nearly $1.8 billion
The estate of now-defunct crypto exchange FTX has filed a lawsuit against Binance and its former CEO Changpeng Zhao in a bid to recover $1.76 billion. FTX alleges these funds were fraudulently transferred to Binance,
Binance founder Changpeng Zhao says prison inmates and guards asked him for crypto tips
Binance founder Changpeng Zhao, known as "CZ," said he wasn't initially recognized in prison — but word of his crypto empire soon spread.
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
Benzinga.com2d
Binance Founder CZ Gained $12B Overnight When Trump Won And Now Shares His Future Plans After Prison
According to Bloomberg, CZ spoke about his time away from the company, his new focus and his surprising lack of desire to be ...
techtimes1d
FTX Goes Against Binance and Former CEO, Seeking $1.76B for Fraudulent Transactions Under SBF
FTX wants Binance to return its previous payment of $1.76 billion as it was made in ill-fate by Sam Bankman-Fried.
SportsPro1d
‘We’re still here and we’re stronger than ever’: Why Binance is ready to tiptoe back into sports
SportsPro speaks to Binance's Sarah Dale about why she believes crypto sponsorship activity is set to return to its previous ...
Binance CEO calls Trump's election victory a 'big win for crypto' as bitcoin hits a new high
The price of bitcoin has risen over $80,000 for the first time following the president-elect's win over Kamala Harris last ...
Record Bitcoin Prices Add $38 Billion To Crypto Billionaires’ Riches
As the industry rides a Trump victory to unprecedented highs, the rich are getting much richer.
Seattle Times2d
Crypto ‘king’ CZ prosecuted in Seattle plots post-prison comeback
He reflected on his forced separation from Binance and four months of incarceration during which he passed the time by ...
Yahoo17h
Robinhood adds tokens to its platform as crypto enthusiasm surges following the election
Part of Gensler's approach has included cracking down on large crypto exchanges like Coinbase and Binance. Last year, the ...
cryptopolitan1d
Binance records $7 billion weekly inflows as Bitcoin surge attract investors
Binance saw a surge in inflows, totaling over $7 billion this past week, driven by heightened market demand following Trump’s ...