Inside FTX’s $1.8 Billion Lawsuit Against Binance Amid Crypto Collapse Fallout

In a lawsuit filed in Delaware’s bankruptcy court, the liquidators of the now-bankrupt cryptocurrency exchange FTX are seeking to recover $1.8 billion from rival Binance, claiming a major transaction was fraudulent. According to court documents, the case centers around FTX’s July 2021 decision to repurchase a 20% stake in the company from Binance for $1.76 … Continue reading Inside FTX’s $1.8 Billion Lawsuit Against Binance Amid Crypto Collapse Fallout