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FTX Wants $1.8 Billion From Binance and Changpeng Zhao


A new lawsuit by the FTX estate claims Binance and its former CEO were parties to an allegedly fraudulent share repurchase transaction. FTX is Going After Its Former Investors FTX wants its money back. According to court documents released by FTX estate on Sunday, Binance, Changpeng Zhao (CZ),...

FTX Sues Binance, Former CEO CZ for $1.8B


The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer should be classed as fraudulent

CZ Outlines His Next Moves After Being Released


Changpeng “CZ” Zhao, former CEO of Binance, took to social media to make his first statements after being released from a correctional facility where he was confined for compliance crimes. Thanking his supporters, Zhao explained that he would take some time to assess his next moves...

Binance Founder CZ Released From US Custody After Serving 4-Month Sentence


Binance founder and former CEO Changpeng Zhao (CZ) has been released from U.S. custody after serving a four-month sentence for his role in compliance failures at Binance. His sentence followed a plea deal that included a $50 million fine and stepping down as Binance’s CEO. Despite his prison...

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