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Binance Blames SBF for FTX Implosion, Wants to Toss Lawsuit

Key Notes Binance filed a motion to dismiss a $1.76 billion clawback suit from the FTX estate. Motion claims that FTXโ€™s claims are baseless and the court lacks jurisdiction since Binance and CZ are not US citizens. While legal battles continue, the FTX Recovery Trust is preparing to distribute over $5 billion to creditors. In a legal rebuttal filed on May 16, crypto exchange Binance asked a Delaware bankruptcy court to dismiss a $1.76 billion clawback lawsuit brought by the FTX estate.ย  In the documentation, the leading digital asset trading…

Binance seeks to dismiss $1.76B FTX lawsuit, blames SBF for collapse

Binance has filed a motion to dismiss a $1.76 billion lawsuit brought by the FTX estate, accusing the defunct crypto exchange of trying to deflect blame for its own failure. Filed on May 16 in the Delaware Bankruptcy Court, Binanceโ€™s legal team called the suit โ€œlegally deficient,โ€ stating that FTXโ€™s collapse was not triggered by market manipulation or hostile action but by internal misconduct. โ€œPlaintiffs are pretending that FTX did not collapse as the result of one of the most massive corporate frauds in history,โ€ the filing said, pointing to…

Binance wants arbitration for all members of securities class suit

Crypto exchange Binance has asked a US federal judge to send all members of a class-action lawsuit alleging it sold securities to arbitration, arguing that the group waived their ability to form a class action under the companyโ€™s terms. The exchange said in a May 16 filing to a New York federal court that its terms of service, which it claimed the class group agreed to, has a clause that users agree to arbitrate all claims, along with a clause preventing users from launching class actions against the crypto exchange.…

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โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io BINANCE VS COINBASE – QUAL A MELHOR CORRETORA DE CRIPTOMOEDAS PARA INVESTIR? COMPRATIVO Abra sua conta na Binance para investir em criptomoedas e ganhar comissรตes sobre trades: Abra sua conta na Coinbase aqui para poder ganhar atรฉ R$ 80 de bรดnus em Bitcoin e outras Criptomoedas: Binance e Coinbase sรฃo duas das maiores corretoras de criptomoedas do mundo e das mais faladas no Brasil na atualidade. Mas qual delas รฉ melhor? Nesse comparativo de corretoras cripto, vocรช vai ver em vรกrios critรฉrios…

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Binance Wallet ‘killing’ MetaMask and airdrops, Chinese RWA tokens: Asia Express

Binance Wallet goes from underdog to overlord in just months Cryptocurrency exchange Binanceโ€™s wallet has surged out of nowhere in 2025 to become the dominant in the industry. It closed the week starting on May 5 with an 86% share of the swap market, and so far, in the week starting on May 12, itโ€™s at 93%, according to Dune Analytics data. At the first full week of the year, Binance Wallet controlled a measly 3.4% while OKX led the industry with 44.6% of the market, with MetaMask and imToken…

NXPC Soars After Binance Listing โ€” Trader Scores $3M in 2 Hours

Key Notes NXPC debuted on Binance with a massive 2,900% price rally, hitting $3.03 within hours. A special airdrop for eligible users is live on the Binance Alpha Events page. One trader made over $3 million in profit just two hours after buying NXPC. Binance has recently announced the listing of NEXPACE (NXPC), a utility token developed by Nexpace, a blockchain arm of South Koreaโ€™s Nexon. The token powers the Web3 version of the popular MapleStory MMORPG, known as MapleStory Universe. Trading for NXPC began today at 7:30 AM UTC…

Ukraine eyes strategic Bitcoin reserve bill with support from Binanceย 

Ukraine may soon be reviewing a legislative proposal to create a state Bitcoin reserve with backing from cryptocurrency exchange Binance. According to local media, Ukrainian MP Yaroslav Zhelezniak, who also serves as First Deputy Chairman of the Finance Committee, has confirmed plans to introduce the draft bill in parliament soon. โ€œWe will soon submit a draft law from the industry allowing the creation of crypto reserves,โ€ Zhelezniak was quoted as saying. While the final version is still being refined, Zhelezniak has clarified that the initiative will focus exclusively on Bitcoin,…