Binance Founder Changpeng Zhao Seeks Dismissal of $1.8B FTX Lawsuit

Ex-Binance CEO Seeks Dismissal From $1.8B FTX Clawback Suit

Zhao argues the $1.8B FTX suit falls outside U.S. jurisdiction and seeks full dismissal. Binance’s 2021 share repurchase deal with FTX faces scrutiny over fraudulently sourced funds. Zhao denies triggering FTX’s collapse, claiming posts exposed fraud, not caused its downfall. Changpeng Zhao, former CEO of Binance, is pushing back against a $1.8 billion lawsuit from the FTX bankruptcy trust. On Monday, Zhao filed a motion in a Delaware court, see…

CZ Seeks Dismissal Of “Nonsensical” $1.76B FTX Clawback Lawsuit

Former Binance CEO Changpeng ‘CZ’ Zhao has filed a motion to dismiss a lawsuit from FTX that aims to recover nearly $1.8 billion.  Sam Bankman-Fried’s FTX filed a lawsuit against its competitor Binance and CZ on 10 November 2024. The lawsuit seeks damages, accusing Binance of playing a key role in it’s downfall. However, according to a 4 August 2025 filing on Zhao’s behalf, “Plaintiffs nonsensically blame Mr Zhao and others for Mr Bankman-Fried’…

Binance Founder Changpeng Zhao Files Motion to Dismiss $1.8B FTX Lawsuit

CZ argued that a Delaware court has no authority over him in a case tied to 2021 crypto transfers from Sam Bankman-Fried.

Binance founder Changpeng Zhao seeks dismissal of $1.8B FTX lawsuit

Binance co-founder Changpeng Zhao has asked a court to dismiss a $1.8 billion clawback suit from FTX, which the bankrupt crypto exchange claimed used customer funds.

Binance co-founder Changpeng Zhao files motion to dismiss $1.7 billion FTX suit - WorldNL Magazine

FTX has scheduled a $1.9 billion distribution for September following claims resolution. Key Takeaways Changpeng Zhao filed a motion to dismiss a $1.7 billion lawsuit filed by an FTX trust related to a share repurchase agreement. The lawsuit alleges Binance and its executives received improper funds, but Zhao contests US jurisdiction and claims legal deficiencies. Changpeng “CZ” Zhao, the co-founder of Binance, has filed a motion to dismiss a …

CZ Calls $1.8B FTX Lawsuit Nonsensical, Says U.S. Court Has No Jurisdiction

Changpeng Zhao (CZ), the former CEO of crypto exchange Binance, has filed a motion in the Delaware bankruptcy court asking them to dismiss a $1.8 billion FTX lawsuit. The case centers on a 2021 share repurchase deal between FTX and Zhao. CZ said that he lives in the UAE and that the US court lacks The post CZ Calls $1.8B FTX Lawsuit Nonsensical, Says U.S. Court Has No Jurisdiction appeared first on CoinGape.