Changpeng Zhao, the founder of Binance, is pushing back against a $1.76 billion lawsuit initiated by the FTX bankruptcy estate. Filed recently, Zhao’s legal team argues for dismissal based on the jurisdictional grounds since he resides in the United Arab Emirates, and as such, should not fall under the Delaware court’s jurisdiction.
Continue Reading:Zhao Contests Billion-Dollar Legal Challenge
Source: https://en.bitcoinhaber.net/zhao-contests-billion-dollar-legal-challenge