FTX Intensifies Legal Pursuits, Takes Binance and Newly-Released Changpeng Zhao to Court with $1.8 Billion Lawsuit
The FTX bankruptcy estate claims SBF’s $1.76 billion repurchase deal with Binance in July 2021 was a fraudulent transfer due to FTX’s insolvency. The lawsuit seeks to recover billions for FTX creditors, alleging the transaction was fraudulent.
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