Binance CEO Changpeng Zhao has been accused of having a vendetta against FTX exchange, according to a new class action lawsuit, filed on October 2. Th
A new class action lawsuit alleges that Binance CEO Changpeng Zhao had a vendetta against FTX exchange.FTX
It started on November 6 when CZ shared with his followers on crypto X that the exchange would be liquidating its remaining FTT holdings. The lawsuit claims that CZ’s actions eventually expedited the unprecedented implosion of FTX entities, leading to the likes of Lahav and fellow retail players suffering as the platform went bankrupt. Notably, the total claims of the putative class members go above $5 million, according to the lawsuit, which described Zhao’s “crying emoji captioned by ‘Sad day. Tried but...’ as “crocodile tears.”
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