<ul><li>Binance has filed a request for the dismissal of FTX’s $1.76 billion lawsuit, claiming it has no legal basis and that FTX failed due to internal fraud.</li><li>FTX sought $1.76 billion in the lawsuit, alleging misuse of customer funds in a buyback arrangement with Binance.</li><li>Binance contends that the court lacks jurisdiction over its foreign subsidiaries and argues that FTX's claims are based on weak evidence.</li><li>FTX initiated lawsuits to recover lost assets following its collapse, with Binance asserting that the collapse was due to fraudulent activity within FTX and not Binance's actions.</li></ul>

Binance Pushes to Dismiss FTX’s $1.76B Clawback Suit Over Legal Flaws

Discover more