Binance Founder Changpeng Zhao Asks Court To Dismiss $1,760,000,000 FTX Bankruptcy Clawback Suit: Report - The Daily Hodl
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Binance Founder Changpeng Zhao Asks Court To Dismiss $1,760,000,000 FTX Bankruptcy Clawback Suit: Report - The Daily Hodl
The former CEO of the crypto titan Binance is reportedly taking action to terminate the lawsuit filed by the bankruptcy estate of the collapsed digital asset exchange FTX. In November, the FTX trust and FTX Digital Markets filed a suit against Binance, the exchange’s co-founder Changpeng Zhao and several other executives over a July 2021 share repurchase deal with FTX founder Sam Bankman-Fried. Bloomberg reports that Zhao is now asking the US Ba…
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