FTX is seeking to claw back almost $1.8 billion it alleges was fraudulently transferred by Sam Bankman-Fried. Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried, the FTX co-founder who is now in prison.
Related Posts
Amazon Great India Festival Sale 2024: Best Deals on Gaming Peripherals
The Amazon Great Indian Festival sale is now live for all customers after its early access period for Prime members. The festival season sale brings […]
Google Unveils Jules AI Coding Agent Designed to Handle Complex Tasks
Google made several artificial intelligence (AI) announcements on Wednesday. Alongside introducing the new Gemini 2.0 family of AI models, Deep Research feature, and showcasing upgraded […]
Chinese Company Deep Blue Aerospace Aims to Start Space Tourism by 2027
Deep Blue Aerospace, based in Jiangsu, China, has announced its intention to enter the space tourism market, planning to launch paying customers into suborbital space […]