FTX Lawsuit Against Binance
In November 2024, the bankrupt exchange FTX filed a lawsuit against Binance and its former CEO Changpeng Zhao, demanding $1.8 billion. The lawsuit pertains to a 2021 deal where Binance sold its 20% stake in FTX for $1.76 billion in cryptocurrency. FTX alleges the deal was fraudulent as customer funds were involved at the time.$BTC
In November 2024, the bankrupt exchange FTX filed a lawsuit against Binance and its former CEO Changpeng Zhao, demanding $1.8 billion. The lawsuit pertains to a 2021 deal where Binance sold its 20% stake in FTX for $1.76 billion in cryptocurrency. FTX alleges the deal was fraudulent as customer funds were involved at the time.$BTC
