<ul><li>FTX, the bankrupt crypto exchange, has filed a $1.8 billion lawsuit against Binance and its former CEO Changpeng Zhao.</li><li>FTX accuses Binance of exacerbating its financial instability by selling off a large portion of its FTT holdings.</li><li>The announcement led to panic among investors, triggering a massive sell-off of FTT tokens and eventually forcing FTX to file for bankruptcy.</li><li>Zhao denies any wrongdoing and claims Binance acted responsibly by selling its FTT tokens after concerns arose.</li></ul>

FTX Declares War On Binance And Zhao For Triggering A Liquidity Crises

Discover more