FTX Sues Binance Amidst Crypto Turmoil
The beleaguered cryptocurrency exchange FTX has filed a lawsuit against Binance and its former CEO Changpeng Zhao, seeking $1.8 billion in damages. FTX alleges that Binance purchased shares with fraudulent intent, utilizing cryptocurrencies such as FTT, BNB, and BUSD. The lawsuit claims that Zhao's tweets contributed to FTX's rapid decline. FTX's legal actions extend beyond Binance, targeting investors like Alameda Research and figures such as Anthony Scaramucci. Political groups, including FW..
Bitcoin Surges Amid Trump's Support for Crypto
Bitcoin has reached new heights, surpassing $81,000, fueled by the anticipation of favorable regulatory changes following Donald Trump's return to the U.S. presidency. Trump's election victory, along with the success of crypto-friendly candidates, has sparked optimism in the crypto community, expecting a more relaxed regulatory environment. This surge marks a doubling of Bitcoin's value since its yearly low, driven by investor confidence and a broader acceptance of cryptocurrencies as a signif..
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