FTX is suing Binance to recover nearly $1.8 billion
SMRTR summary
FTX's estate is suing Binance and Changpeng Zhao to recover $1.76 billion from a 2021 deal, alleging insolvency due to fraud and accusing Zhao of posting misleading tweets that caused FTX's collapse, as part of efforts to repay creditors.
SMRTR provides this summary for quick context. The original article belongs to The Verge.
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