Binance Former Leader Seeks Quick Exit From $1.8 Billion FTX Lawsuit

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Former Binance CEO Changpeng “CZ” Zhao has moved to shake off a $1.76 billion clawback bid from the now-bankrupt FTX trust. It’s a bold opening move. Based on reports, he argues the case should never have landed in a Delaware court. Challenge To Delaware Jurisdiction According to a report , Zhao insists he lives in the United Arab Emirates and has no real ties to Delaware. He points out that the complaint doesn’t show he’s “at home” there. His lawyers say the US Bankruptcy Court for the District...