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FTX sues Binance for $1.76B
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 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.
Trump, crypto and bitcoin
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 week.
Bitcoin tops $89,000 as crypto euphoria over Trump win shows no sign of waning
Bitcoin hit another high Monday, as the rally in cryptocurrencies continued following President-elect Donald Trump's election win.
The iShares Bitcoin ETF is now bigger than its gold counterpart following rush into crypto on Trump win
The milestone comes as bitcoin and other cryptocurrencies following the victory of President-elect Donald Trump. The asset numbers don't yet reflect the most recent crypto rally over the weekend, when bitcoin surged above $80,
International Business Times
27m
US Seeks Recovery Of Millions In Crypto Linked To SBF's Alleged Chinese Officials Bribe
Prosecutors seek the seizure of various
crypto
assets from a
Binance
exchange account that Bankman-Fried allegedly ...
coinspeaker
2h
DOJ Seeks $17.9M in Crypto Linked to Sam Bankman-Fried’s Alleged Bribery Scheme
The United States Department of Justice (DOJ) is seeking to seize over $17.9 million in cryptocurrency tied to a Binance ...
techtimes
10h
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.
Benzinga.com
1d
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 ...
decrypt
7h
DOJ Seeks Seizure of $16 Million in FTX-Linked Crypto Following Year-Long Probe
It’s estimated that their value has since ballooned to $16 million following the crypto market’s remarkable recovery this ...
cryptonews
5h
DOJ Seeks Seizure of $16M in Crypto Linked to FTX from Binance After Year-long Investigation
The DOJ has initiated a civil forfeiture complaint to seize approximately $16 million in cryptocurrency held in a Binance ...
SportsPro
20h
‘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 ...
Seattle Times
1d
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 ...
cryptopolitan
13h
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 ...
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