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Binance files $473M lawsuit against RedotPay over alleged user diversion
binance-files-473m-lawsuit-against-redotpay-over-alleged-user-diversion
Binance files $473M lawsuit against RedotPay over alleged user diversion
Binance linked companies have sued RedotPay, seeking nearly $473 million over the alleged diversion of more than 470,000 Binance Card users.The lawsuit claims RedotPay allowed users to fund its payment cards through Binance Pay outside the terms of their commercial agreement.RedotPay has denied the allegations, said its operations will continue as normal, and is defending the claims in court.The legal dispute comes as RedotPay reports more than 8 million users and continues pursuing plans for a potential U.S. IPO.
2026-08-05 Source:crypto.news
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