According to Bloomberg, former Binance CEO Zhao Changpeng has applied to the Delaware bankruptcy court to dismiss FTX Trust's approximately $1.76 billion recall lawsuit. The lawsuit involves a share repurchase transaction in 2021, in which FTX accuses the use of customer funds and claims that Zhao Changpeng and other Binance executives received improper profits. Zhao Changpeng argued that he is based in the United Arab Emirates and is not subject to the jurisdiction of the Delaware court, and that he is only a "nominal counterparty" in the transaction. FTX's attempt to blame Binance for SBF's actions is unreasonable. Binance also stated that the accusation lacks basis and will actively respond. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=46736