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CZ Calls $1.8B FTX Lawsuit Nonsensical, Says U.S. Court Has No Jurisdiction

Changpeng Zhao (CZ), the former CEO of crypto exchange Binance, has filed a motion in the Delaware bankruptcy court asking them to dismiss a $1.8 billion FTX lawsuit. The case centers on a 2021 share repurchase deal between FTX and Zhao. CZ said that he lives in the UAE and that the US court lacks

The post CZ Calls $1.8B FTX Lawsuit Nonsensical, Says U.S. Court Has No Jurisdiction appeared first on CoinGape.

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