FTX bankruptcy estate files $1.8B lawsuit against Binance, CZ

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The FTX estate argued that Sam Bankman-Fried’s $1.75 billion repurchase deal with Binance in July 2021 was a fraudulent transfer because of FTX’s insolvency.

Source: Cointelegraph.com News

#FTXLawsuit, #Binance, #BankruptcyProceedings, #FraudulentTransfer, #Cryptocurrency