FTX Sues Binance, Former CEO Zhao Seeking $1.8B Clawback <https://www.law360.com/fintech/articles/2259589?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-11-13&read_main=1&nlsidx=0&nlaidx=0>
By Alex Wittenberg The estate of fallen cryptocurrency exchange FTX has sued Binance and its former CEO Changpeng Zhao to recover $1.76 billion it says the defunct company illegally transferred prior to its collapse two years ago, alleging FTX used customer money to complete a share repurchase that it couldn't otherwise afford. Complaint attached | Read full article » <https://www.law360.com/fintech/articles/2259589?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-11-13&read_more=1&nlsidx=0&nlaidx=0> | Save to favorites » <https://www.law360.com/fintech/articles/2259589?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-11-13&read_later=1&nlsidx=0&nlaidx=0>
