<ul><li>Bankrupt crypto exchange FTX has filed a lawsuit against Binance and its former CEO Zhao Changpeng, seeking to recover $1.8 billion fraudulently transferred by former FTX head Sam Bankman-Fried.</li><li>The funds were transferred to Binance and Zhao in July 2021 as part of a share repurchase agreement, but FTX alleges that the transfer was made fraudulently.</li><li>FTX accuses Zhao of posting malicious tweets to destroy his rival before FTX's collapse.</li><li>Binance denies the claims and says it will vigorously defend itself.</li></ul>

FTX Sues Binance Over Alleged $1.8bn Fraud

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