Legal Battle Heats Up: Zhao Challenges FTX’s $1.76 Billion Claim
Changpeng Zhao, founder and former CEO of Binance, has requested a U.S. court to dismiss a lawsuit filed by the FTX bankruptcy estate. In this case, FTX is seeking to recover $1.76 billion, alleging that Binance unjustly obtained these funds.
The lawsuit, initially filed in November 2024, concerns