CandleFocus 2 years on from FTX collapse, bitcoin tops $82K
2024-11-11
Author: Content Editor
Summary: FTX, a former crypto exchange that filed for bankruptcy in 2022, has filed a lawsuit against Binance and its former CEO, Changpeng Zhao, claiming a "constructive fraudulent transfer" of $1.76 billion in July 2021. The lawsuit is part of ongoing legal proceedings surrounding the downfall of FTX. Meanwhile, the article also highlights the surprising recovery of the crypto industry, with bitcoin reaching $82,000, despite the past troubles faced by FTX.
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