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Coverage dated November 10, 2024

FTX sues crypto exchange Binance and its former CEO Zhao for $1.8 billion

Headline from NBC 6 South Florida

The litigation marks the latest escalation of tensions between two of the biggest names in crypto, after the meteoric collapse of FTX rocked the market.

NBC 6 South Florida's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Earlier updates in this story

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Reports & sources

10 articles, oldest first.

  1. Fortune

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

    Published

    Fortune's feed description

    The lawsuit alleges that Bankman-Fried bought out Binance while knowing his firms were insolvent.

  2. NBC 6 South Florida

    FTX sues crypto exchange Binance and its former CEO Zhao for $1.8 billion (opens NBC 6 South Florida)

    Published

    NBC 6 South Florida's feed description

    The litigation marks the latest escalation of tensions between two of the biggest names in crypto, after the meteoric collapse of FTX rocked the market.

  3. New York Post

    FTX sues Binance for $1.8B, claims ex-CEO Zhao ‘set out to destroy’ firm (opens New York Post)

    Published

    New York Post's feed description

    The estate of FTX has filed a lawsuit against rival firm Binance and its former CEO Changpeng Zhao in an effort to claw back nearly $1.8 billion linked to an allegedly “fraudulent” deal orchestrated by Sam Bankman-Fried.

  4. Quartz

    FTX is suing former crypto rival Binance for $1.8 billion (opens Quartz)

    Published

    Quartz's feed description

    The failed crypto exchange accused former Binance CEO Changpeng Zhao of partially causing its collapse

  5. The Guardian

    FTX sues Binance and its former CEO for $1.8bn (opens The Guardian)

    Published

    The Guardian's feed description

    Collapsed cryptocurrency company says $1.8bn was ‘fraudulently transferred’ to Binance and its executives

  6. UPI

    Defunct FTX sues Binance, former CEO for fraud (opens UPI)

    Published

    UPI's feed description

    The estate of the crippled digital exchange FTX filed a lawsuit against fellow crypto exchange Binance on Sunday as it tries to get back $1.76 billion in what it claims was a "fraudulent" share agreement.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

FTX sues crypto exchange Binance and its former CEO Zhao for $1.8 billion | Since Then