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..
