#BİNANCE REQUEST TO DISMISS THE LAWSUIT OF 1.76 BILLION DOLLARS AGAINST FTX AND BLAMES SBF FOR THE COLLAPSE.

Binance has filed a motion to dismiss the 1.76 billion dollar lawsuit filed by the bankruptcy of FTX, arguing that the lawsuit lacks legal basis and jurisdiction. In its submission, Binance claims that the collapse of FTX was the result of a massive corporate fraud orchestrated by Sam Bankman-Fried (SBF), its former CEO, and not due to any wrongdoing by Binance.

Binance's defense argues that the FTX lawsuit seeks to shift the blame from SBF himself, who has already been convicted on multiple counts of fraud and conspiracy. Binance contends that FTX operated for 16 months after the transaction in question, which refutes the claim that it was already insolvent at that time. Furthermore, CZ's company asserts that the tweet from its former CEO Changpeng Zhao, which allegedly triggered the bank run, was based on publicly available concerns.

Binance requests that all claims be dismissed with prejudice, noting that many of the allegations are unfounded speculations.