Crypto firm RedotPay says it will defend itself ‘vigorously’ against Binance lawsuit

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Binance is suing RedotPay in Hong Kong, alleging the crypto firm poached customers from the exchange. RedotPay has vowed to defend itself vigorously against the lawsuit. The case is ongoing, with no trial date set. The lawsuit's outcome could impact RedotPay's reputation and potentially disrupt its business operations, affecting its market value and customer trust in the crypto industry.