Changpeng Zhao Seeks Dismissal of $1.76 Billion FTX Lawsuit
Binance founder Changpeng Zhao (CZ) has sought the dismissal of a $1.76 billion lawsuit filed by FTX representatives. He cited the lack of jurisdiction of the American court due to his residence in the UAE. CZ’s lawyers noted that the disputed transactions were cross-border, and US bankruptcy laws do not apply outside the country. Representatives […]