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FTX sues Binance for $1.76B
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.
FTX sues crypto exchange Binance and its former CEO Zhao for $1.8 billion
The litigation marks the latest escalation of tensions between two of the biggest names in crypto, after the meteoric collapse of FTX rocked the market.
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.
Business Insider
7h
FTX is suing super PACs and dark-money groups to claw back over $38 million in political giving
An icon in the shape of a lightning bolt. Impact Link Lawyers trying to recover money spent by the
crypto
firm
FTX
before ...
1h
Ex-FTX Tech Chief Builds Fraud Detection Tool for Prosecutors
Gary Wang, FTX's former chief technology officer, will be sentenced next week for his role in the crypto firm's collapse. His ...
Business 2 Community
1d
DOJ Targets FTX Crypto Account Holding $16M in Assets Linked to Bribery Case
The Department of Justice (DOJ) has filed the paperwork required to seize approximately $16 million in cryptocurrency linked ...
NJBIZ
1h
Lowenstein Sandler hires former FTX general counsel
Ryne Miller comes on board as a partner and chair of the new commodities, futures and derivatives practice and co-chair of ...
1d
FTX And Their 23 Lawsuits: Will Defrauded Investors See Justice?
Will Defrauded Creditors See any Penny This legal battle is not just about recovering funds—it could set a precedent for ...
9h
Three Arrows Capital seeks to increase claim against FTX to $1.5B
Three Arrows Capital liquidators seek to revise their claim against FTX from $120 million to $1.53 billion, citing improper ...
1d
Former FTX US general counsel to co-lead law firm crypto practice
Ryne Miller, the former general counsel of the now-bankrupt FTX US exchange, has joined U.S. law firm Lowenstein Sandler amid ...
Pensions&Investments
1h
SEC’s Gensler says approach to crypto 'didn’t actually differ much' from former Chair Clayton
SEC Chair Gary Gensler defended the agency’s approach to regulating cryptocurrency, contending that his leadership has not ...
Opinion
The York Dispatch
4h
Opinion
Crypto cornering: The risky industry wagers big on elections, and wins
Billions of dollars have been wiped out in successive crypto collapses, most infamously the FTX debacle that resulted in ...
Analytics Insight
4h
Is Plus Wallet the Secure Solution Crypto Users Need Amid Bitcoin Spikes & KuCoin’s Legal Battle?
In the wake of a fresh lawsuit by FTX’s subsidiary Alameda Research against KuCoin, the cryptocurrency industry faces ...
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