FTX Sues Binance, Former CEO CZ for $1.8B

The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer should be classed as fraudulent.

Source: https://www.coindesk.com/policy/2024/11/11/ftx-sues-binance-former-ceo-cz-for-18b/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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