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Cryptopolitan on MSNBinance's CZ files to dismiss $1.76 billion FTX clawback suit, says U.S. court lacks jurisdiction
Changpeng “CZ” Zhao, co-founder of Binance, just fired back at the FTX bankruptcy estate in a Delaware court, saying the U.S.
CZ argued that a Delaware court has no authority over him in a case tied to 2021 crypto transfers from Sam Bankman-Fried.
Co-founder Changpeng Zhao became the latest Binance Holdings Ltd.-affiliated person to ask a bankruptcy court to dismiss ...
Binance CZ lawsuit heats up as Changpeng Zhao seeks dismissal of FTX’s $1.76B clawback claim, citing lack of Delaware ...
However, Binance is known for cutting the deal off two years later, with FTX making an effort to buy back the said shares owned by Bankman-Fried, to which the company paid $1.76 billion for its ...
Changpeng Zhao, the founder of digital assets firm Binance, is seeking to have a $1.76 billion lawsuit filed by the FTX trust ...
Yi He, whom Bloomberg dubbed “the most powerful woman in crypto,” has climbed to the top of the blockchain world using this ...
Arch-rival Binance, then led by Zhao, was set to come to its rescue and buy FTX's non-U.S. unit as it struggled to stay afloat in November 2022, before Binance withdrew its offer.
The suit asserts that Bankman-Fried facilitated the transaction, allowing Binance to sell their 20% stake in the platform and 18.4% stake in its U.S.-based entity back to FTX.
Binance has partnered with BBVA for independent custody using U.S. Treasuries, seeking to restore trust after fines and the ...
Binance crypto custody moves to BBVA aim to protect user funds, offering secure third-party storage and preventing another ...
Binance has teamed up with Spain’s BBVA to let customers store their assets off the exchange, a move aimed at boosting ...
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