FTX Sues Binance and Former CEO Zhao for $1.8 Billion, Alleging Fraud and Market Manipulation
The embattled estate of collapsed cryptocurrency exchange FTX has launched a $1.8 billion lawsuit against Binance and its former CEO, Changpeng Zhao (CZ), in a legal move that underscores the escalating tensions in the crypto sector following FTX's catastrophic downfall.