FTX files $1.8 billion ‘fraud’ lawsuit against Binance and CZ

Crypto even A shocking development took place in the world. bankrupt FTXrival Binance and former CEO Changpeng Zhaoof (CZ) 1.8 billion dollar compensation lawsuit opened it. The case claims that Binance will be released in 2021. FTXApproximately its shares in Selling back $1.76 billion worth of crypto tokensIt focuses on.

FTX’‘s bankruptcy management stated that the agreement in question should not have taken place and that the company was actually bankruptcy He demands that these tokens be taken back on the grounds that he is in a bad situation. In the case, Binance and some managers FTXillegally from crypto para It is claimed that he received the transfer.

After the case Binancedenied the allegations and stated that they would defend themselves strongly. Changpeng Zhao has not made any statement yet.

FTX‘s collapse caused huge losses in the cryptocurrency market and led to declines in the values ​​of crypto assets. Going bankrupt in 2022 FTXin order to pay off its debts during the recovery period. Binance and continues to make new moves against parties like Zhao.

Source: www.dunya.com