<ul><li>FTX has filed a lawsuit against Binance and its former CEO Changpeng “CZ” Zhao to reclaim $1.76 billion over an alleged fraudulent transfer.</li><li>The transfer was part of a repurchase deal between Binance and FTX, which shouldn't have occurred.</li><li>FTX claims that Alameda Research, the funding source for the transfer, was insolvent at the time.</li><li>Zhao's false tweets triggered a run on the bank at FTX, causing its collapse, as per the filing.</li></ul>

FTX sues Binance, former CEO CZ for alleged fraudulent $1.76b transfer

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