3 hours ago

Changpeng Zhao Seeks Dismissal of FTX’s $1.8 Billion Lawsuit Over Share Buyback

TLDR Changpeng Zhao has asked a Delaware court to dismiss FTX’s $1.8 billion lawsuit over a 2021 share buyback deal Zhao argues the case falls outside US jurisdiction as all entities involved were based outside the US FTX claims the buyback was funded with misused customer assets Zhao denies responsibility for FTX’s collapse, saying the [...]

The post Changpeng Zhao Seeks Dismissal of FTX’s $1.8 Billion Lawsuit Over Share Buyback appeared first on Blockonomi.

Source: Blockonomi →