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Changpeng Zhao Seeks Dismissal of FTX’s $1.8 Billion Lawsuit
Former Binance CEO Changpeng Zhao (CZ) has filed a motion in the Delaware bankruptcy court requesting the dismissal of a $1.8 billion lawsuit brought by bankrupt crypto exchange FTX. The lawsuit alleges that Binance received fraudulently transferred funds in a 2021 share buyback deal, using customer assets.
