#2024withBinance

What Happened on #Binance in 2024

Through 2024, Binance, the largest cryptocurrency exchange in the world, had some major turning points.

In November, FTX sued Binance and its founder, Changpeng Zhao, seeking some $1.8 billion, accusing the company of fraudulent transfers in that stock repurchase transaction in 2021.

Moreover, Binance was caught up in a court drama in Nigeria where executives were arrested over illegal activities and forex manipulations.

In the face of such adversity, Binance diversified its game plan, launching the first Binance World Championship, with skill-based trading challenges.