Advertise
Binance CEO Changpeng Zhao has filed a motion to dismiss the FTX estate’s $1.76 billion clawback lawsuit. He argues the Delaware court lacks jurisdiction, citing his UAE residency and the offshore nature of the transactions. The lawsuit stems from a 2021 share buyback between FTX and Binance, which FTX claims was fraudulent. Zhao’s legal team calls the claims baseless and states he was only a nominal party, asserting U.S. law should not apply to this international case.
Short News 
- Qadir AK
Qadir AK
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
- Aug 06, 2025 05:41 UTC
-
Binance founder Changpeng Zhao Seeks Dismissal of FTX Lawsuit
Yes 
No 
