Class-Action Lawsuit Targets Binance and CZ for Market Manipulation That Affected FTX

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Binance, the leading crypto exchange, and its top executive, Changpeng Zhao, known widely as CZ, face mounting legal pressures. A California resident, Nir Lahav, brought a class-action lawsuit, alleging market manipulation strategies targeting former rival crypto firm FTX. Mounting Accusations Lahav’s main argument revolves around CZ’s tweets from early November, coinciding with a significant period …