<ul><li>Binance has filed a motion to dismiss a US$1.76 billion lawsuit brought by the FTX estate, claiming the allegations are baseless.</li><li>Binance entities argue lack of jurisdiction and non-involvement in transactions targeted by the lawsuit for cryptocurrency recovery.</li><li>FTX alleges tweets by Binance founder triggered a run on customer funds, but Binance asserts they reflected standard risk management.</li><li>Binance maintains that FTX's collapse was due to internal fraud, not external actions, and the court is yet to rule on the motion.</li></ul>

Binance Disputes Role in FTX Collapse, Moves to Dismiss US$1.76B Lawsuit

Discover more