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FTX Accuses Binance and Zhao in $1.8 Billion Lawsuit

  • FTX has filed a $1.8 billion lawsuit against Binance and its former CEO, Changpeng Zhao, alleging fraudulent actions.
  • FTX accuses Binance of interfering with its business position and market stability, leading to liquidity loss and bankruptcy.
  • Binance denies the allegations and asserts its commitment to market integrity, preparing a strong defense.
  • The outcome of this lawsuit could set a precedent for legal standards in the cryptocurrency industry.

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