logo

CZ Requests Bankruptcy Court to Dismiss $1.76B Lawsuit Filed by FTX Trust

By: theblockbeats.news|2025/08/06 01:02:06

BlockBeats News, August 6th, CZ has become the latest Binance figure to request the bankruptcy court to dismiss FTX's trust accusation. The trust sought to recover $1.76 billion improperly transferred by Sam Bankman-Fried (SBF). CZ filed a motion in the Delaware bankruptcy court this Monday, stating that FTX Trust and FTX Digital Markets Ltd. could not prove that he has a "domicile" in Delaware as he is a resident of the UAE and not subject to the state's jurisdiction.


In the filing, CZ stated: "These accusations are far removed from Delaware, or even the U.S. mainland, and the relevant laws do not have extraterritorial effect, so they are simply inapplicable."


As early as November 2024, FTX Trust and FTX Digital Markets had previously sued Binance and its executives in connection with the July 2021 SBF share buyback agreement. In July of this year, two former Binance executives, Samuel Wenjun Lim and Xiao Dinghua, also requested the court to remove themselves from the lawsuit.


The FTX Trust accusation alleges that Binance and the mentioned executives obtained funds through the share buyback transaction, during which they sold about 20% of the shares of FTX International Business and 18.4% of the shares of FTX US Business. According to court records, to complete this transaction, Alameda Ltd. (registered in the British Virgin Islands) transferred funds to Binance. As Binance-related entities are registered in Ireland, the Cayman Islands, and the British Virgin Islands, the CZ team pointed out that this transaction has a clear "extraterritorial nature" and should not be subject to U.S. law.

“Machi” pierde 1573 millones de dólares en 35 días; actualmente tiene pérdidas flotantes de 227 millones de dólares en posición larga con apalancamiento de 25 veces

También te puede gustar

Compartir
copy

Ganadores

Últimas noticias cripto

07:30

La ballena "pension-usdt.eth" vio ayer caer su posición larga ETH por debajo del precio promedio, con un tamaño de posición que alcanza los 56 millones de dólares.

07:27

Dark Pool DEX HumidiFi lanzará ICO, líder en volumen de negociación entre los DEX de ecosistemas Solana

07:25

「El trader en bancarrota」 James Wynn abrió una nueva posición larga BTC de apalancamiento 40x. La semana pasada, predijo que BTC bajaría a 67.000 dólares en el transcurso de la semana.

07:22

Protocolo DeFi Zoo Finance ha anunciado la finalización de una ronda estratégica de recaudación de fondos de 8 millones de dólares.

06:51

Jiangnan Technology se une a SynVista para lanzar la plataforma de minería ecológica de IA

Más información
Comunidad
icon
icon
icon
icon
icon
icon
icon

Atención al cliente@weikecs

Cooperación comercial@weikecs

Trading cuantitativo y MM[email protected]

Servicios VIP[email protected]