《Binance Drops a $470M Lawsuit—Can RedotPay Still Dream of an IPO?》 (Author: Kaozai) Binance accuses RedotPay of failing to segregate funds, redirecting them to RedotPay cards, resulting in the loss of 470,000 users with an LTV of approximately $925 each, totaling around $470M in damages. This incident highlights the battle over user ownership and channel dependency in the crypto payments space, potentially impacting RedotPay's IPO timeline and setting boundaries for industry collaboration models. Read the full article: https://www.(wublock123.com)/articles/article-59333