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Binance Sues RedotPay, Seeks $472.8 Million Over Alleged User Diversion

By Qadir AK at 2026-10-05 17:20

Sentiment: Negative

The post Binance Sues RedotPay, Seeks $472.8 Million Over Alleged User Diversion appeared first on Coinpedia Fintech News Binance-affiliated entities have filed a lawsuit in Hong Kong against RedotPay and its co-founders, alleging they breached an agreement by diverting more than 470,000 Binance users to the crypto card platform. According to the complaint, the alleged actions caused $472.8 million in losses. RedotPay has denied the allegations and said it will defend itself through … Continue reading...

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