<ul><li>FTX estate is suing Binance and its former CEO, Changpeng Zhao, to recover $1.8 billion fraudulently transferred.</li><li>The lawsuit claims that Binance's sale of its FTX stake was funded by insolvent Alameda Research.</li><li>FTX seeks to recover the funds and additional compensatory and punitive damages.</li><li>The lawsuit highlights the tense relationship between FTX and Binance, two major crypto exchanges.</li></ul>

FTX Sues Binance and Former CEO Zhao Over Alleged $1.8 Billion Fraudulent Transfer

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