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Derry
Product Reviews

Welcome to Derry’ Is Creepy in All the Best Ways

by admin May 20, 2025


The idea of setting a TV series in the realm of Stephen King’s It already had us hooked. Then there’s the bonus of having the show co-developed by It filmmaker Andy Muschietti, who’ll also direct  four episodes. Then we learned Bill Skarsgård would be reprising the role of Pennywise.

The first-look images released last year were tantalizing, but HBO’s eerie first teaser has solidified our ravenous desire for It: Welcome to Derry, a show we’d 100% drop into a sewer occupied by a demonic clown to watch.

Get ready to go back to where IT all began… 🎈 #ITWelcometoDerry is coming this fall to HBO Max. pic.twitter.com/SOhXEA6yYe

— Max (@StreamOnMax) May 20, 2025

The imagery is nightmare-inducing—as is the suggestion of Pennywise’s ever-lurking evil. In no way would we ever want to actually enter the city limits of Derry, Maine, but we will absolutely sink our pointy teeth into this show and spend some time there at a safe distance.

It: Welcome to Derry is set in 1962 and takes inspiration from Stephen King’s 1986 horror novel. More specifically it expands the world of Andy Muschietti’s two It films—which take place in 1988-’89 and 2016, meaning the series will act as a prequel of sorts. The story is by Andy Muschietti, Barbara Muschietti, and Jason Fuchs, who are also among the show’s executive producers.

Fuchs wrote the first episode; he’s co-showrunner with fellow executive producer Brad Caleb Kane. Andy Muschietti directs four of the season’s nine episodes.

In addition to Skarsgård, the It: Welcome to Derry cast includes Taylour Paige, Jovan Adepo, Chris Chalk, James Remar, Stephen Rider, Madeleine Stowe, and Rudy Mancuso.

It: Welcome to Derry hits HBO and Max in 2025.

Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.





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AAVE rallies over 25% as a golden cross pattern nears
NFT Gaming

AAVE rallies over 25% as a golden cross pattern nears

by admin May 20, 2025



AAVE rallied as much as 25% today, fueled by growing optimism across its ecosystem and a spike in trading activity.

Aave (AAVE) soared to an intraday high of $269 on May 20 afternoon Asian time, marking its highest level since February and making it one of the top-performing cryptocurrencies in the market right now. From its April low, AAVE has now climbed more than 132%.

The surge came alongside a spike in trading volume. According to data from crypto.news, over $800 million worth of AAVE changed hands today, its most active day since early March.

Meanwhile, AAVE’s futures open interest hit an all-time high of $569 million, reflecting strong demand from derivatives traders. Its positive funding rate for two straight weeks also suggests the majority of the market is still betting on more upside, with long traders currently paying short traders.

Traders appeared to welcome progress on the GENIUS Act, which recently cleared a key procedural vote in the U.S. Senate. The bill proposes a regulatory framework for stablecoins, an area critical to DeFi protocols like Aave.

Given Aave’s reliance on stablecoins like USDC, DAI, and its native GHO, the prospect of regulatory clarity could encourage more institutional participation and bolster confidence across its ecosystem.

AAVE also got a boost from solidifying its lead as the top DeFi protocol by TVL. According to DeFiLlama, its total value locked jumped nearly 40% in the past month to reach $40.7 billion, far surpassing Lido, which has $23.3 billion.

This growth is translating into real revenue. AAVE has raked in over $250 million in fees year-to-date, putting it among the most profitable protocols in the space.

Momentum on the technical front is also being matched by a rise in daily active addresses, which have spiked 57% over the past two days.

Source: Santiment

At the same time, its weighted social sentiment has also flipped positive, a sign that market participants are growing bullish on AAVE’s short-term outlook.

Potential golden cross in development

On the 1-day/USDT chart, the Aroon Up indicator is at 100% while Aroon Down sits at 0%, meaning bullish momentum is dominant. The Chaikin Money Flow Index is reading 0.26, which signals more capital flowing into the token.

AAVE price, Aroon and CMF chart — May 20 | Source: crypto.news

A golden cross also looks imminent on the daily chart, as AAVE’s 50-day and 200-day moving averages inch closer to a crossover, often considered a bullish signal.

AAVE 50-day and 200-day EMA chart — May 20 | Source: crypto.news

The token is nearing the 61.8% Fibonacci retracement level at $271.35. A clean breakout above this level could pave the way toward the 50% retracement level at $347.19, roughly 30% higher than current levels.

On the flip side, if a pullback happens, key support lies near $226.45, which could serve as a solid bounce zone before the uptrend resumes.

At press time, AAVE was trading around $267 per coin.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.



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Shaurya Malwa
Crypto Trends

Ether Surges 8%, Bitcoin Nears $106K as Crypto’s Steady Run Continues

by admin May 20, 2025



Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.

Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.

He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.



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Adidas Promo Codes & Deals: 30% Off
Gaming Gear

Adidas Promo Codes & Deals: 30% Off

by admin May 20, 2025


No matter how my style may change, I always consider Adidas the ultimate shoes for effortlessly cool people. With celebrity endorsements from pro athletes like David Beckham to music icons like Pharrell and Bad Bunny, Adidas has cemented itself firmly in the current zeitgeist. Although most known for classic sneaker styles like Sambas (beloved by skaters and boys I had crushes on in high school), Adidas also has always-stylish apparel, slides, running shoes, and more. WIRED has Adidas promo codes so you too can be cool—but on a budget.

Get 30% Off Summer Styles With Our Adidas Promo Code

We did it, Joe. Summer is here and my winter blues are melting away as fast as the permafrost. Find your summer fit (well, more like a year-long fit with these rising temps) for less at Adidas. Use Adidas promo code SUNSHINE at checkout to get 30% off, until May 19, on all your faves like shoes and atheisurewear.

Get a (Member-Exclusive) 15% Adidas Coupon Code

Become a member of the cool kids club with Adidas membership program, adiClub. adiClub gives you free shipping, discount vouchers, and members-only exclusives. When you join, you’ll get instant benefits, points on purchases, and you can get rewards, exclusive experiences, products, vouchers, and more. Right now, when you sign up to be an adiClub member you’ll get a 15% Adidas promo code to save on a fresh pair of sneaks or athleisurewear fit.

AdiClub Members Can Also Get 30% Off With Our Adidas Promo Code

We did it, Joe. Summer is here and my winter blues are melting away as fast as the permafrost. Find your summer fit (well, more like a year-long fit with these rising temps) for less at Adidas. adiClub members get 30% off both full price and sale styles with code ADICLUB from May 20-22, on all your faves like shoes and atheisurewear.

More Ways to Save at Adidas

Adidas doesn’t want your kid going to school with the same ol’ same ol’ and that’s why Adidas student discount gets your kid (or you, lifelong learner) 20% off full-price items with UNiDAYS online and a 15% discount in-store. Join now and verify your status with UNiDAYS.

Heroic and stylish? That’s hot. The Adidas heroes discount gives thanks by giving verified medical professionals, first responders, nurses, military members, and teachers 30% off online and in-store (and 15% off at factory outlets). A fireman in a pair of Sambas? Come rescue me, it’s burning up in here.

What’s Trending at Adidas?

If you have a sneakerhead in your life, an athlete, or just someone who needs a new pair of shoes, give the gift of stylish and well-made gear from Adidas. Heck, buy something for yourself and start out 2025 in style. Adidas campus 00s are one of their most popular styles, with the classic three stripes and a timeless style, they transcend fads. The Adidas Wales Bonner collab has shaped up to be one of the trendiest collabs in athleticwear in recent memory, selling out in record time. If you know me (which you probably don’t) you know just how obsessed I am with superstar Bad Bunny. Everything he does is effortlessly cool, and the Bad Bunny Adidas collab is no different—the Adizero SL 72 shoes fuse retro vibes with current athleticwear sensibilities to make a seriously colorful (and cool) shoe.



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Lee Se-dol and Justin Min in The Devil's Plan: Death Room
Esports

Who won The Devil’s Plan Season 2? One contestant bags massive jackpot

by admin May 20, 2025



The finale of The Devil’s Plan Season 2, aka Death Room, has arrived, revealing who is the winner of the Netflix show’s latest chapter and how much money they’re going home with. 

The competition series saw 14 contestants battling it out using brains over brawn, taking part in a series of complex challenges and prison matches that resulted in rewards and eliminations.

Within each mission was the chance to add money to the final prize fund, which can be up to 500 million won (nearly $360k). Over the course of 12 episodes, The Devil’s Plan Season 2 cast was whittled down to the final two players.

Article continues after ad

But only one can be crowned the winner. While actor Ha Seok-jin won The Devil’s Plan Season 1, there’s a new champion in town. Warning: spoilers ahead!

Who won The Devil’s Plan Season 2?

Netflix

Jung Hyun-gyu is the winner of The Devil’s Plan Season 2, taking home a whopping 380 million won ($273,000).

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The final match was down to two players: Hyun-gyu and Yoon So-hee. They competed in a series of three games, starting with Big or Small, a betting game with a strong psychological component.

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The second game was Bagh Chal, an abstract strategy game with a long history. Finally, they played Questions and Truth, a card game that requires problem-solving skills. The first to win two games was crowned the winner.

The rest of the Season 2 cast watched on during the tense match, with Hyun-gyu ultimately being crowned the winner.

Hyun-gyu is a Seoul National University student and star of EXchange 2 (Transit Love 2). Speaking about his win to his fellow teammates, he admits, “I really did a lot of horrible things, and by doing so, I ended up winning The Devil’s Plan.”

Article continues after ad

The rest of his team congratulates him, while Hyun-gyu thanks them for the experience.

The Devil’s Plan Seasons 1-2 are streaming on Netflix now. You can also learn more about Kyuhyun and find out who won in Season 1.

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GameFi Guides

South Korean Actor Hwang Jung-eum Faces Backlash for Embezzling $3 Million to Buy Crypto

by admin May 20, 2025



In brief

  • South Korean actor Hwang Jung-eum admitted in court to embezzling $3.1M (₩4.34B) from her agency to invest in crypto.
  • SBS Plus channel removed her segments from the final episode of Because I’m Single following backlash.
  • Advertisers like Daesang Wellife Nucare have pulled her campaign content after the scandal broke.

South Korean actor Hwang Jung-eum has been edited out of the final episode of SBS Plus’s reality show ‘Because I’m Single,’ following her courtroom admission that she embezzled $3.1 million (₩4.34 billion) from her own company to invest in crypto.

“Hwang Jung-eum’s VCR segments will not appear in today’s final episode, which airs at 8:30 p.m.,” the production team said Tuesday as per local media reports. “Her comments as an MC will also be minimized.” 

The decision comes after Hwang testified last Thursday at the Jeju District Court, admitting to misappropriating approximately $3 million (₩4.2 billion) from a family-run agency she fully owns and using the funds to buy crypto.

Prosecutors indicted her under Korea’s Act on the Aggravated Punishment of Specific Economic Crimes.

“I sincerely apologize for causing concern over this shameful matter,” Hwang said in a statement released through her new agency, Y.One Entertainment. “I made the investment in hopes of growing the company, but it was a hasty and immature decision.”

The scandal has quickly derailed her public image. Daesang Wellife Nucare, a health drink brand, pulled down newly launched promotional content featuring the actor just days after its release. 

Ad posters and videos were scrubbed from the brand’s official social media, and a related online event was abruptly canceled. The company cited “changes in internal schedules” as the reason.

Hwang’s former agency, where the embezzlement took place, was a one-person operation that managed only her. 

Her legal team argued that the misused funds originated from her personal entertainment income and were temporarily held in her name because corporations are restricted from holding crypto directly.

“Since the agency’s profits ultimately stem from the defendant’s own work, they can be seen as rightfully belonging to her,” her attorney said in court.

Hwang has since sold crypto assets to repay part of the amount and plans to liquidate real estate holdings to cover the rest. A second hearing is scheduled for August.

The scandal coincides with a turbulent period in Hwang’s personal life, including an ongoing divorce. Her role on Because I’m Single marked her return to television last October.

Edited by Sebastian Sinclair

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Only press who previewed the RTX 5060 under Nvidia’s test conditions are getting review drivers, reports claim
Game Updates

Only press who previewed the RTX 5060 under Nvidia’s test conditions are getting review drivers, reports claim

by admin May 20, 2025


In classic me fashion, I swanned off for a few days just as another graphics card fracas has spilled out into public view. At the centre this time is the previously unassuming RTX 5060, which you may have noticed is due for launch today yet only has a handful of “hands-on previews” to tell you how big of a graphics it does. Allegedly, that’s because Nvidia have been keeping hold of the drivers needed for full reviews, only providing them at the eleventh hour to press outlets that have previously run these previews. No preview? No review, at least until the drivers release publicly later today, and what’s more, the same reports say that these previews were only offered under strict testing provisos set by Nvidia themselves.

According to VideoCardz and Hardware Unboxed, the mandated test conditions supposedly range from only allowing certain games for benchmarking – judging from the previews currently online, these were Doom: The Dark Ages, Avowed, Cyberpunk 2077, Hogwarts Legacy and Marvel Rivals – to the more egregious demand that RTX 5060 performance figures would focus on DLSS 4’s Multi Frame Generation (MFG). And, in turn, would only be compared to results from older XX60 GPUs that lack DLSS frame gen support entirely.

“We worked with a few chosen media on previews with a pre-release driver,” an Nvidia spokesperson told me this afternoon. No comment on the review driver situation, other than a 5pm BST release time, was given.

Image credit: Rock Paper Shotgun

RPS was not invited to take part in these previews, and I can’t imagine agreeing to such terms if we were. Although it doesn’t appear that Nvidia required previewers to give positive RTX 5060 takes, with several highlighting the shortcomings of its 8GB VRAM limit, the limited game selection and emphasis on frame-genned performance versus the much older RTX 3060 and RTX 2060 Super are clearly intended to push a particular narrative: one that at best downplays the drawbacks of frame generation and at worst misleads readers with an unhelpfully narrow view of relative performance. GameStar, a German site that took Nvidia up on the offer, said in their preview that the GPU giant even specified the in-game settings that each game should be tested with.

The sense that a big, green thumb is pressing down on the critical scales is deepened by the alleged trading of earlier review drivers for a compliant preview. Even if, by that point, reviewers are free to use their own, independently-set benchmarks, the initial wave of RTX 5060 reviews will come from publications that Nvidia has – accurately or otherwise – deemed more friendly than others. Those who refused the locked-down previews, and have thus demonstrated less of a willingness to go along with the desired messaging, will be forced to wait before sharing impressions.

I can’t claim absolute moral superiority here because again, I wasn’t invited, and thus didn’t have the chance to send a “Thanks but no thanks” email (even I hadn’t simultaneously been too busy recovering from gin-assisted groomsman duty). Still, yeah, not a fan.

I have recently noticed Nvidia PRs becoming unusually pushy about how great it would be to test such and such frame generation in such and such game, but functionally those have only ever been suggestions, and I’ve never faced even a veiled hint at retribution for ignoring them in my reviews. Nonetheless, I now find myself in the bizarre position of having had physical possession of an RTX 5060 for nearly a week (posted by Zotac, with no strings attached other than to please not lose or break it), yet don’t have the software means to test or appraise it on the day of release. Like, man, at least Bethesda didn’t send us copies of Starfield while they were withholding the activation keys.

Watch on YouTube

More disturbing still is that this isn’t even the only accusation of editorial manhandling to be laid at Nvidia’s feet today. Big-deal tech YooToobers Gamers Nexus claimed in a video (above) that Nvidia have, with varying levels of subtlety, threatened to cut off their interview access to Nvidia engineering staff in response to a perceived lack of focus on DLSS and MFG performance testing in their reviews. Gamers Nexus have, in fact, produced multiple long-form vids on these topics specifically.

It isn’t unheard of for, nor technically outside the rights of, companies to pick and choose who gets primo access for coverage. In tech media especially, there may even be a minor, ethically unbothersome quid-pro-quo involved: attending a virtual briefing, for instance, in exchange for getting onto the review list. But there’s a honking great difference between asking journalists to sit through a thirty-minute slideshow and, essentially, demanding editorial jurisdiction over how their products are evaluated. Nvidia, one of the richest, most powerful firms on Earth, should know better – and should have at least had an idea that being caught fiddling with the independent review process might cause more damage to the RTX 5060 than a few variations of “It’s not much faster than the 4060, is it?”



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Marshall Takes On Sonos With Its First Soundbar
Product Reviews

Marshall Takes On Sonos With Its First Soundbar

by admin May 20, 2025


Moving into a new product category is a nervy undertaking for any company, and the current climate of tariff roulette only adds another level of uncertainty. But Marshall, manufacturer of iconic guitar amps and a growing portfolio of wireless speakers and headphones, is marching on regardless, with the launch of its first soundbar. And at $1000, the Atmos-capable Heston 120 is an ambitious first entry.

“This is our most expensive product. And honestly, that’s a little bit scary,” Gustaf Rosell, Marshall’s chief product and innovation officer, tells WIRED in an interview. “But since it’s a new segment for us, we made the decision that we wanted to start at the high end. We don’t always do that, but in this case we thought it was important to make a statement—to show that we are really serious about it.

The idea of adding a soundbar to its line up is one that has been kicking around company discussions for the past five years, Rosell says, but been in production for about three of them. The result is the Heston 120, a 5.1.2-channel Atmos and DTS X soundbar, with 11 separate drivers positioned to offer a wide and high soundfield from a single box.

Tuning a product for so many channels has been a new challenge for Marshall, and it brought new expertise on board to help—even pulling in talent from the automotive industry for their multi-channel experience. “Right now we have two PhDs in house, it’s that level of competence,” Rosell adds. “We also worked really closely with Dolby to help us with some difficult measurements, to ensure that we are placing objects of sound accurately in a room.”

The Heston 120 leans into Marshall’s recognizable product design language, borrowed from its guitar amps.

Courtesy of Marshall

However, a particular focus for the sound team, Rosell tells us, has been about getting the balance right between sounding good for TV and also good for music—a common difficulty for multi-channel audio products. The Heston 120 certainly comes with plenty of music options to put it to the test, including AirPlay 2, Googlecast, and Bluetooth LE, plus Tidal and Spotify Connect.

“Music playback is an area where we have been able to lean into our current expertise, and use some of the modelling from our portable speakers to ensure all of the drivers in the Heston 120 are working just as well together in a more classical stereo setup too. And if I’m to be a little bit bold, we’ve beaten everything we’ve heard from competitors. It’s one of the things I am most proud of with this product.”

Another key focus for the team was the product’s design, but not perhaps in the way that anyone familiar with Marshall products might think. While its speakers are well known for their distinct look, reminiscent of the brand’s famous amplifiers, Heston 120 dials back that approach, just a bit.

Courtesy of Marshall

“Many products in this area look pretty much the same, they’re trying to blend in, and when TVs are doing their best to hide themselves more and more, you do need to find the right tone.

“But Heston is a conscious design choice for people who want something different—we are not trying to hide. It’s a bold statement, but not as bold as we could have been. I think we’ve found a balance that feels authentic.”



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Baldur's Gate 3's terrible miniatures "missed the mark" so much, WizKids is offering refunds
Game Reviews

Baldur’s Gate 3’s terrible miniatures “missed the mark” so much, WizKids is offering refunds

by admin May 20, 2025



Board game company WizKids has apologised for its recent line of Baldur’s Gate 3 miniatures, acknowledging the melty faced monstrosities “missed the mark” and offering full refunds.


WizKids announced the range – officially known as Dungeons & Dragons: Icons Of The Realms: Baldur’s Gate 3 – at the end of last year, and US customers began receiving their £50/$49.99, seven-character sets earlier this month. However, rather than the crisply detailed renditions of Astarion, Karlach, Gale, Shadowheart, Wyll, Lae’zel and Withers featured in WizKids’ promotional material, customers instead received pre-painted miniatures that wouldn’t have looked out of place in a Borja church fresco – and complaints were swift.


And now, with more and more images of the squishy faced disappointments being shared online, WizKids has been forced to concede that, yes, its Baldur’s Gate 3 miniatures are in fact rubbish. “As a company, WizKids seeks to create products that enhance and add to the enjoyment of game play,” it wrote on its website. “We want our customers to build long-lasting, fond memories around game nights with friends and family using our products.”

Uncanny. | Image credit: Eurogamer/WizKids


“Unfortunately, we missed the mark on this goal with the D&D Icons of the Realms: Baldur’s Gate 3 Character Boxed Set,” it continued. “If you purchased this set through our online stores, we will be offering a full refund to those who are unsatisfied with their set… We’re aware of the recent reports and complaints and are taking them seriously. Our team is currently investigating these issues and taking action to make this right for those whose purchases were negatively affected and to ensure these issues do not recur in future products and reprints.”


WizKids notes anyone who purchased the box set from a third-party retailer should contact them directly for a refund, while those wishing for a replacement – one that “meets the standards expected” – can do so via its website.


“Please accept our sincerest apologies for the frustration and disappointment these quality issues caused our customers,” WizKids concluded. “We, too, feel the same as the final product did not meet our expectations or that of our Wizards of the Coast partner. Our teams are working to find the best solutions to resolve this for all involved and to work with you, our customers, to fix this. We appreciate your patience as we focus on getting back to those affected and helping them with their refunds in a timely manner.”


It’s hardly a fitting celebration of developer Larian’s acclaimed 2023 RPG, but with the studio’s work on the game now largely at an end following April’s massive Patch 8, Astarion, Karlach, and friends are now entirely at Dungeons & Dragons owner Hasbro’s mercy. And if that means licensing them out to be turned into unrecgonsisable bits of plastic, then so be. Hasbro has, of course, already confirmed it’s keen to find a studio to make Baldur’s Gate 4, but with Larian now working on its own mysterious projects, it’s unclear how far off that may be.



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NFT Gaming

Binance Seeks Dismissal of FTX’s $1.76B Clawback Suit, Calling It ‘Legally Deficient’

by admin May 20, 2025



In brief

  • Binance has asked a Delaware bankruptcy judge to dismiss FTX’s $1.76B clawback lawsuit, calling it legally flawed and unsupported by facts.
  • The exchange contends that FTX’s downfall was the result of massive fraud orchestrated by its own leadership, not Binance’s actions.
  • Binance also says the court lacks jurisdiction over its foreign entities and that its 2022 tweets were neither false nor misleading.

Binance has asked a Delaware bankruptcy judge to toss out a $1.76 billion lawsuit brought by the FTX estate, saying that the defunct crypto platform is attempting to “shift the blame” for its collapse away from founder Sam Bankman-Fried and onto his competitors.

Binance Holdings Ltd. said the complaint is “legally deficient” and cannot plausibly link Binance or its former CEO Changpeng Zhao to FTX’s downfall, in a motion to dismiss filed last Friday.

“Plaintiffs are pretending that FTX did not collapse as the result of one of the most massive corporate frauds in history,” the filing said, noting that former CEO Sam Bankman-Fried is now serving a 25-year prison sentence for defrauding customers, investors, and lenders.

The lawsuit, filed last November, seeks to claw back roughly $1.76 billion worth of crypto that FTX transferred to Binance in July 2021 as part of a share repurchase agreement. 

FTX had previously sold Binance a 20% equity stake in 2019, which it later bought back using a mix of BNB, BUSD, and FTT tokens.

The FTX estate claims the exchange was insolvent at the time of the 2021 deal, and that misappropriated customer funds secretly financed the repurchase. 

But Binance argues in the motion that FTX “remained a going concern for 16 months” afterward, making any claim of prior insolvency implausible.

The lawsuit also alleged that Zhao “maliciously” used Twitter to trigger a wave of customer withdrawals, posting on November 6, 2022, that Binance would liquidate its FTT holdings “due to recent revelations.” 

“The November 2022 tweets were posted in the days following a bombshell report by CoinDesk that blew the lid off of FTX’s facade, and the complaint contains no facts to suggest that the tweets were false,” Binance wrote, defending the tweets.

The exchange also said the case should be dismissed for lack of personal jurisdiction, saying that none of the corporate defendants are based in the U.S. and did not directly engage in the transfers.

The FTX recovery trust has filed numerous clawback suits to recover assets following the platform’s collapse, which triggered one of the largest crypto bankruptcies in history and left billions in customer funds missing.

Decrypt will update the story if Binance responds to a request for comment.

Edited by Sebastian Sinclair

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