CZ Requests Bankruptcy Court to Dismiss $1.76B Lawsuit Filed by FTX Trust
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.
Możesz również polubić
Zyskujące
Najnowsze wiadomości kryptowalutowe
Pewien adres wieloryba deponował 10 milionów U w HyperLiquid, inicjując pozycję o długości 20x ETH.
Coinbase to List Rayls (RLS)
Spot Silver wzrasta ponad 3% w ciągu dnia
Circle wykonał 7,5 mld USDC w sieci Solana w ciągu ostatnich 5 minut.
W ciągu ostatnich 4 godzin cała sieć doświadczyła likwidacji w wysokości 320 milionów dolarów, z których większość pochodziła z długich pozycji.
Obsługa klienta:@weikecs
Współpraca biznesowa:@weikecs
Quant trading i MM:[email protected]
Usługi VIP:[email protected]