šØ @cz_binance Moves to Dismiss $1.76B FTX Lawsuit
Binance co-founder CZ has filed a motion to dismiss the FTX Trustās $1.76B lawsuit, arguing that the Delaware bankruptcy court lacks jurisdiction.
š£ļø @cz_binance :
⢠He's a UAE resident with no ties to Delaware
⢠Claims the court has no legal reach over him
⢠Says FTXās clawback efforts donāt apply extraterritorially
The lawsuit targets funds from a Binance share buyback deal with SBF.
š The fight over FTX's collapse continues to get messier.
#Binance #CZ #FTX #SBF #CryptoNews #CryptoLaw #BankruptcyCourt #Web3Justice #DeFiDrama