RedotPay has dismissed Binances allegations that it improperly diverted hundreds of thousands of users from Binance Pay, saying it will vigorously defend itself against the lawsuit seeking nearly $470 million in damages. In a statement to CoinDesk, the Hong Kong-based stablecoin payment card issuer said it was aware of the legal action and strongly denied the claims. The company added that the allegations against both RedotPay and its co-founders are without merit. According to reports, Binance affiliates filed the lawsuit accusing RedotPay of redirecting approximately 470,000 Binance… Read more
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