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FTX Sues B...
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FTX Sues Binance and CZ Zhao, Seeks $1.8B Over Fraud Claims

  • FTX has filed a lawsuit against Binance and CZ Zhao, seeking $1.8 billion in damages.
  • FTX alleges that Binance and its executives received $1.75 billion fraudulently in a 2021 buyback deal.
  • The lawsuit aims to recover the funds transferred by Sam Bankman-Fried in FTT, BNB, and BUSD tokens.
  • This legal action highlights the growing demand for transparency and accountability in the cryptocurrency market.

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