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.
China's Ministry of State Security has alerted the public that some foreign firms are using…
Co-founder and former CEO of Binance, Changpeng Zhao, has requested Delaware Bankruptcy Court to dismiss…
The Smarter Web Company (SWC) has launched “Smarter Convert,” a $21 million, interest-free Bitcoin-denominated convertible…
Bitcoin has now dropped for six consecutive days, pushing the price down to around $112,000.…
XRP is no longer just for traders. It is quietly becoming a go-to asset for…
In 2021, Shiba Inu (SHIB) skyrocketed over 26,000%, turning small investments into life‑changing fortunes. Many…
