Class-action suit filed against Binance for alleged harm to FTX before its collapse

by Aurelia Butler 2 October 2023, 23:40 189 Views

At issue are posts made by Zhao on Twitter (now X) in early November on the eve of FTX’s collapse. The posts were made in conjunction with the decision by the defendants to liquidate their holdings in the FTX utility token FTT on Nov. 6. The plaintiffs estimated that Binance owned up to 5% of all FTT tokens.

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Source: Cryptocurrency - investing.com

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Class-action suit filed against Binance for alleged harm to FTX before its collapse

Federal Reserve officials engage with small-business owners amidst economic uncertainty

Crypto assets see inflows first time in 6 weeks

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