Binance faces class action lawsuit for alleged role in FTX collapse

Binance faces class action lawsuit for alleged role in FTX collapse

The class action lawsuit filed by a California resident against Binance and its CEO, Changpeng Zhao, has sent shockwaves through the cryptocurrency world. Allegations of market manipulation and unfair competition, centred on Zhao’s tweets, have sparked a legal battle with far-reaching implications.
A class action lawsuit alleges Binance’s role in FTX’s collapse: a deep dive into the legal landscape
In a shocking twist, Binance and its CEO, Changpeng Zhao, found themselves embroiled in a class action lawsuit filed by California resident Nir Lahav. 
The lawsuit, filed in the Northern California District Court on 2 October, alleges that Binance’s actions, in particular Zhao’s tweets, played a key role in the collapse of rival exchange FTX. 
This legal saga unravels a complex web of allegations and legal intricacies in the ever-changing world of cryptocurrency. This article delves into the details of the case, examining the technicalities and implications of this legal battle.

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We współpracy z: https://en.cryptonomist.ch/2023/10/03/binance-class-action-alleged-role-collapse-ftx/

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