According to BlockBeats news, on November 11, a Binance spokesperson responded to the lawsuit filed by FTX and said, “These claims by FTX are baseless and we will vigorously defend against it.”
BlockBeats previously reported that at 16:00 on November 11, according to market news, FTX sued Binance, and former CEO CZ faced a demand for recovery of US$1.8 billion.