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FTX

CZ Moves to Dismiss $1.7 Billion FTX Lawsuit, Citing Lack of US Jurisdiction

2025-08-07
By: Elite Crypto News
On: August 7, 2025
In: FTX, Law

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

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