Binance and RedotPay are clashing over the fate of a Singapore lawsuit as part of a broader legal dispute involving nearly $473 million. RedotPay, a stablecoin payments card issuer, said it expects Binance to discontinue the Singapore proceedings following a hearing on Aug. 7, and will seek legal costs. Binance denied these reports, stating its claims remain active. This disagreement is part of a legal battle that also includes proceedings in Hong Kong where plaintiffs allege RedotPay diverted more than 470,000 Binance Card users.
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