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Tag: US Bankruptcy

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CZ Asks US Bankruptcy Court to Invalidate FTX’s $1.76 Billion Lawsuit

In Brief FTX seeks to recover $1.76 billion from Binance, claiming it was transferred under unclear circumstances. CZ argues Delaware bankruptcy court lacks jurisdiction, citing his residence in the UAE. The lawsuit is part of a broader legal battle following FTX’s collapse, with tensions between Binance and FTX dating back to 2022. Changpeng “CZ” Zhao,…
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