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Changpeng Zhao (CZ)Changpeng “CZ” Zhao, the former CEO of Binance, has filed a motion to dismiss a $1.76 billion lawsuit brought by the FTX bankruptcy estate, which seeks to claw back funds linked to a 2021 share repurchase agreement between Binance and FTX. Zhao’s lawyers argued the Delaware bankruptcy court lacks jurisdiction over him, as he resides in the United Arab Emirates, and the transactions and involved entities are all based offshore. FTX sister company…See the Story
CZ Files to Dismiss $1.7 Billion FTX Clawback Lawsuit
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