CZ Moves to Dismiss $1.7 Billion FTX Lawsuit, Citing Lack of US Jurisdiction
2025-08-07
Binance co-founder Changpeng Zhao (CZ) is seeking to dismiss a US$1.76 billion lawsuit from the FTX bankruptcy trust. His legal team argues that US courts lack jurisdiction over him because he is a resident of the United Arab Emirates and the transactions in question were between offshore firms. The lawsuit,Continue Reading