🚨 Breaking Crypto News! 🚨

FTX is taking legal action against Binance and its former CEO, Changpeng 'CZ' Zhao, over a $1.76 billion shares repurchase deal. The lawsuit claims that the transaction, involving FTX and Binance tokens, was fraudulent due to FTX's insolvency at the time.

- FTX accuses CZ of posting misleading tweets to harm its business.

- CZ recently completed a prison sentence, while Sam Bankman-Fried is serving 25 years.

Join the conversation! What are your thoughts on these legal battles? 💬