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.

Airdrop Glider Coin : Comment réclamer 500 $ de tokens gratuits d’ici mai 2025
Le XRP cloud mining en 2025 : Combien pouvez-vous vraiment gagner ?

Vous pourriez aussi aimer

Partager
copy

À la hausse

Dernières actus crypto

17:51

Une certaine adresse de baleine a déposé 10 millions d'U dans HyperLiquid, initiant une position longue ETH 20x.

17:20

Coinbase to List Rayls (RLS)

16:53

Spot Silver Surges Plus de 3% Intraday

16:51

Circle a frappé 7,5 milliards USDC sur le réseau Solana au cours des 5 dernières minutes.

16:24

Au cours des 4 dernières heures, l'ensemble du réseau a connu 320 millions de dollars de liquidations, la plupart provenant de positions longues.

Lire plus
Communauté
icon
icon
icon
icon
icon
icon
icon

Assistance client@weikecs

Collaborations commerciales@weikecs

Trading quantitatif/Market makers[email protected]

Programme VIP[email protected]