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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, bitcoin and crypto
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 Surge Triggers Billions in Losses for Crypto Short Traders After Trump Win
Crypto short trades looked set for a further hammering on Monday as most cryptocurrency-related stocks jumped in U.S. premarket trading. Among them, Coinbase was last up close to 16%, tracking the surge in bitcoin prices.
Bitcoin hits record high after Trump's decisive win
Bitcoin, the world's largest cryptocurrency, is hitting new records in the wake of president-elect Donald Trump's victory. Trump has promised to soften regulations on digital currency.
techtimes
7h
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
20h
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 ...
cryptopolitan
10h
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 ...
SportsPro
16h
‘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 ...
decrypt
8h
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 ...
Seattle Times
21h
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 ...
Coingape
21h
ACT, COW, & These 3 Crypto Under Traders’ Radar As Binance Expands Support
Binance
enhances trade offerings for ACT, COW, CETUS, PNUT and TROY. The exchange adds new listings and offerings for its ...
CoinDesk on MSN
11h
Bitcoin Blasts to $90K as Crypto Rally Shakes Out $900M of Leveraged Bets
Crypto prices continue melting upwards since Donald Trump's election victory as investors reprice digital assets in ...
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Bitcoin
Sam Bankman-Fried
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