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flag Bankrupt FTX sues Binance for $1.8 billion, alleging a "fraudulent" stake deal in 2021.

flag Bankrupt cryptocurrency exchange FTX has filed a lawsuit against Binance and its former CEO Changpeng Zhao, seeking $1.8 billion, alleging a "fraudulent" share deal in 2021. flag FTX claims Binance sold back a 20% stake in FTX and 18.4% in its U.S. entity, funded by FTX's Alameda Research division. flag Binance denies the allegations and will defend itself. flag The lawsuit is part of ongoing legal actions by FTX against former affiliates following its collapse.

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