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The bankruptcy estate of collapsed cryptocurrency exchange FTX has sued the company's former rival Binance in an attempt to recover $1.76 billion or more. The lawsuit seeks "at least $1.76 billion ...
FTX’s bankruptcy estate sued Binance, alleging a $1.8 billion fraudulent transfer related to Binance’s 2021 repurchase deal with former FTX CEO Sam Bankman-Fried.
The estate of FTX has filed a lawsuit against rival firm Binance and its former CEO Changpeng Zhao in an effort to claw back nearly $1.8 billion linked to an allegedly “fraudulent” deal ...
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After Anthony Scaramucci, FTX Sues Binance And Ex-CEO Changpeng 'CZ' Zhao To Reclaim $1.8B Amid Bankruptcy Tussle - MSNIn the latest development in the FTX bankruptcy case, the collapsed entity has launched a lawsuit against cryptocurrency exchange Binance (CRYPTO: BNB), aiming to reclaim $1.8 billion. What ...
FTX’s bankruptcy estate filed a lawsuit against Binance and its former CEO, Changpeng Zhao, on November 10, 2024, seeking to recover $1.76 billion. The lawsuit alleges that these funds were ...
FTX claims that the money targeted in these suits ... FTX bankruptcy estate sues Anthony Scaramucci, FWD.us, others. Anthony Ha. 4:05 PM PST · November 9, 2024.
The FTX estate discounted the value of FTT as “likely zero” in 2021, but said the BUSD and BNB used to repurchase the shares had a market value of £1.76bn at the time.
FTX's bankruptcy estate sued Binance to recover almost $1.8 billion that Sam Bankman-Fried spent buying back stakes that his one-time rival owned in his cryptocurrency exchange. FTX sold a 20% ...
FTX sues Binance and former CEO Zhao for $1.8 billion received as part of a ... The lawsuit is just one of many filed by the FTX estate as part of an effort to claw back assets in bankruptcy court.
FTX Sues Binance, Former CEO CZ for $1.8B The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer ...
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