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RedotPay Says It Will Fight Binance’s $470 Million Claim
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FinanceFeeds
RedotPay Says It Will Fight Binance’s $470 Million ClaimEnglish 日本語한국어ไทย繁體中文PortuguêsDeutschItalianoFrançaisEspañolRedotPay has rejected Binance’s allegations that it improperly diverted hundreds of thousands of card customers and says it will defend itself “vigorously” against the nearly $473 million claim filed in Hong Kong.
The central question is no longer only whether users moved from Binance Card to RedotPay.
Public reporting has not disclosed whether the March 2025 agreement contained an exclusive Hong Kong jurisdiction clause.
Damages, declarations and injunctions are among the remedies available in Hong Kong commercial cases, but filing a claim does not establish entitlement to any of them.
What Happens NextRedotPay must now move beyond its public denial and answer the substance of Binance’s Hong Kong allegations through the legal process.