RedotPay responds to Binance's lawsuit, stating that operations have not been affected
2026-08-05 21:40:38
According to CoinMeta, RedotPay responded in its latest statement to the lawsuit filed by entities related to Binance, stating that its operations have not been affected and emphasizing that its users' on-chain spending has set a new record. The lawsuit alleges that a co-founder of RedotPay violated the agreement, resulting in the transfer of over 470,000 users, with claims amounting to nearly $472.8 million. RedotPay was recently named one of CNBC's top global fintech companies of 2026, indicating its influence in the digital finance sector. The company stated that on-chain spending in the past month has reached a historic high, with users increasingly relying on stablecoins for daily payments.
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Source:Coinpedia
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