Changpeng Zhao calls for rejection of the $ 1.76 billion complaint of the FTX trust before the Delaware Insolvency Court

Changpeng Zhao calls for rejection of the $ 1.76 billion complaint of the FTX trust before the Delaware Insolvency Court

Title: Changpeng Zhao asks for the dismissal of the claim for damages of the FTX confidence in front of the Delaware Insolvency Court

Changpeng ZHAO, better known as "CZ", applied for a claim for damages in Delaware to have a claim for damages in the amount of $ 1.76 billion, which was submitted by the FTX relapse. This lawsuit is related to the financial difficulties of FTX, a once highly respected cryptocurrency exchange that registered bankruptcy in November 2022.

The application of Zhao is an important step in an already complex legal dispute that continues to employ the cryptocurrency industry. FTX and their founding transactions have led to numerous legal and financial challenges that influence the markets worldwide.

ZHAO, who is considered one of the most influential actors in the cryptocurrency sector, argues that the lawsuit is unfounded. The court's decision will have far -reaching consequences for Zhao, FTX and the entire industry.

The ongoing developments in this legal dispute underline the challenges with which companies are faced with the crypto sector and emphasize the importance of right -wing compliant and financial stability in the industry. It remains to be seen how the court will react to Zhao's application and what consequences this could have for those involved.