Krutika Adani
CZ Strikes Back
Changpeng Zhao, ex-CEO of Binance, asks U.S. court to toss FTX’s $1.76B clawback lawsuit, calling it an overreach.
Beyond U.S. Reach?
Zhao argues he lives in the UAE — outside Delaware’s jurisdiction — and that the transactions weren’t bound by U.S. law.
Ex-Partners, Not Accomplices
Binance returned its FTX equity stake for crypto assets. Zhao denies any blame for Sam Bankman-Fried’s collapse.
Binance Execs Join Fight
Former Binance execs also filed motions to dismiss, challenging FTX’s attempt to drag them into U.S. court.
The Bigger Picture
As SBF serves 25 years for fraud, Zhao maintains Binance’s innocence in the FTX downfall. But will the court agree?