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2026-08-13 07:40:47 UTC

rwatimes on Nostr: šŸ“° Binance rejects claim it will withdraw Singapore case against RedotPay šŸ—“ļø ...

šŸ“° Binance rejects claim it will withdraw Singapore case against RedotPay
šŸ—“ļø Aug 12 2026 11:15 UTC

Binance and RedotPay have given conflicting accounts of whether Singapore proceedings linked to their nearly $473 million legal dispute are being discontinued following an Aug. 7 court hearing. Cointelegraph reported on Tuesday that RedotPay expects Binance to discontinue the Sin...

āž¤ Binance and RedotPay are in a legal dispute with conflicting accounts regarding the discontinuation of Singapore proceedings related to a nearly $473 million claim.
āž¤ Binance denies withdrawing its claims, stating it has informed the court and RedotPay, while RedotPay expects the case to be dropped and plans to seek legal costs.
āž¤ The dispute is linked to a larger Hong Kong case alleging RedotPay breached terms of a commercial relationship involving Binance Pay, leading to significant alleged damages.

#binance #redotpay #singaporeproceedings #hongkongcase #legaldispute #stablecoin #binancepay #litigation #damages

šŸ”— Read more at: https://rwatimes.io/articles/coinmarketcap-binance-rejects-claim-it-will-withdraw-singapore-case-against-redot-pay-1821936168