<ul><li>Cryptocurrency company FTX is suing Binance and its former CEO Changpeng Zhao for $1.8bn.</li><li>FTX alleges that the money was fraudulently transferred by FTX management to Binance and its executives.</li><li>The lawsuit is related to the sale of Binance's stake in FTX, which was acquired in 2019 and sold back in July 2021.</li><li>Binance and Zhao have denied the allegations, and this is the latest battle between the two cryptocurrency firms.</li></ul>

FTX sues Binance and its former CEO for $1.8bn

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