Recently, Binance has sued U Card payment company RedotPay, which is preparing to list in the United States. The lawsuit alleges that more than 470,000 former users of Binance cards were diverted to RedotPay; Binance is seeking damages of approximately $472.8 million.
Before this case is resolved, RedotPay is unlikely to be able to go public. Business is business—one still has to follow the rules of commerce. Breach of trust will ultimately be dealt with.
Before this case is resolved, RedotPay is unlikely to be able to go public. Business is business—one still has to follow the rules of commerce. Breach of trust will ultimately be dealt with.