Start United States USA — Financial FTX sues Binance and former CEO Zhao for $1.8 billion received as...

FTX sues Binance and former CEO Zhao for $1.8 billion received as part of a “fraudulent” share deal

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The lawsuit alleges that Bankman-Fried bought out Binance while knowing his firms were insolvent.
The estate of defunct crypto exchange FTX filed a suit against Binance and its former CEO ChangPeng Zhao seeking to recoup almost $1.

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