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CoinTurk News 2023-09-11 07:05:07

FTX, the Bankrupt Crypto Exchange, Sues LayerZero Labs to Reverse $45 Million Deal

The newly appointed management team of FTX, the cryptocurrency exchange planning to reopen amidst bankruptcy, has filed a lawsuit against LayerZero Labs, a blockchain infrastructure company, to reverse a $45 million deal made in the midst of bankruptcy. The crypto exchange also requested the return of over $40 million withdrawn from LayerZero Labs and the former COO’s FTX accounts within the 90 days prior to the bankruptcy. The post FTX, the Bankrupt Crypto Exchange, Sues LayerZero Labs to Reverse $45 Million Deal appeared first on COINTURK NEWS.

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