September 27, 2024
Users of the now-defunct cryptocurrency exchange FTX told a Florida federal judge that social media posts by competing exchange Binance still manipulated markets to cause the collapse of FTX and harm users even if the statements themselves weren't false.
July 25, 2024
Crypto exchange Binance, its former CEO and its U.S. arm told a Florida federal judge that a lawsuit from spurned users of now-defunct competitor FTX wrongly tries to blame two social media posts from Binance founder Changpeng Zhao for FTX's stunning collapse rather than the fraudulent conduct of FTX executives.
October 02, 2023
Binance Holdings Ltd. and its CEO Changpeng Zhao made a move to monopolize the cryptocurrency platform market by publicly denigrating FTX Trading Ltd. with the intention of causing the price of its rival's token to plummet, according to a proposed class action filed Monday in California federal court.