Binance clarified that BFUSD has not yet launched and functions as a reward-bearing margin asset designed for futures trading.

The complaint filed yesterday in US Bankruptcy Court in Delaware names Binance and co-founder and former CEO Changpeng Zhao ...

Binance still carries the biggest share of CEX trading. Recently, the exchange reached the milestone of 240M registered users ...

FTX sues Binance and CZ, seeking $1.76 billion over allegedly fraudulent stock repurchase, implicating FTX's insolvency ...

FTX’s bankruptcy estate sued Binance, alleging a $1.8 billion fraudulent transfer related to Binance’s 2021 repurchase deal ...

BTC hits $93k, FTX sues Binance, BlackRock’s BTC ETF hits $40bn, investors withdraw appeal in Dogecoin lawsuit, and ‘Crypto ...

Binance, Zhao and other Binance executives received the funds as part of a July 2021 share repurchase deal with Bankman-Fried ...

FTX filed a lawsuit against Binance Holdings Ltd. and its former Chief Executive Officer Changpeng Zhao, seeking to claw back ...

The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer should be classed as fraudulent ...

FTX sued Binance and former CEO Changpeng Zhao to recover $1.8b, alleging fraudulent transfers that harmed its financial ...

Binance has introduced a new stablecoin called BFUSD intended for high-yield earnings and to act as collateral for trading and borrowing ...

and Binance USD (BUSD), valued at $1.76 billion at the time. The filing further claims that FTX and its sister firm, Alameda Research, were insolvent by early 2021, making the share repurchase ...