FTX bankruptcy estatecontinues to attract attention with the lawsuits it files to recover financial losses. Finally, FTX, the giant cryptocurrency exchange Binance and former CEO Changpeng ZhaoHe claimed compensation of 1.8 billion dollars against (CZ). According to Bloomberg, FTX’s targeting of Zhao and Binance in the process of compensating for financial losses was one of the most striking steps of this bankruptcy process. The lawsuit claimed that Binance tried to withdraw FTX’s resources when it was in a difficult situation, and that this move further disrupted FTX’s financial balance.
FTX’s Over 20 Lawsuit Moves
In addition to the lawsuit filed against Binance and Zhao, FTX bankruptcy estate has filed more than 20 lawsuits in total against various companies and important names so far. With these cases FTXaims to raise funds to cover the losses of creditors during the bankruptcy process.
SkyBridge Capital CEO and former Trump administration official among companies and names sued Anthony Scaramucci, Storybook Brawl developers of the game and President of Deltec Bank Jean Chalopin There are important figures such as. Allegedly, the companies and names in question were involved in transactions that created a financial burden on the FTX bankruptcy estate.
90 Million Dollar Lawsuit from Alameda Research Against Waves Founder
Recently acquired subsidiary of FTX Alameda Research took action to recover its receivables from the bankruptcy process. Alameda, altcoin wavesHe filed a lawsuit against the founder of (WAVES) for $90 million. The case is based on allegations of manipulation and unfair advantage of the Waves coin.
in june BinanceAfter delisting Waves coin from its platform, there was a decrease of up to 30 percent in the price of the altcoin. Currently, Waves maintains its presence in the market with a price of $1.12 and a market value of $112.3 million.
Along with all these, the lawsuits filed by FTX bankruptcy estate and Alameda Research cryptocurrency marketIt seems like it will increase the tension.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
