Published Aug 5, 2026, 6:39 AM ET · Updated 3 months ago · 2 sources
Binance Claims RedotPay Diverted Users in $470 Million Lawsuit
bloomberg
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Original Report
Binance affiliates are suing the founders of Hong Kong-based crypto payments firm RedotPay for allegedly diverting hundreds of thousands of customers to a competing product in a “fraudulent scheme,” claiming nearly half a billion dollars in losses.