• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    jane street traders oil painting

    Jane Street Expands Bitcoin ETF Position to $3.4 Billion

    goldman sachs evening oil

    Goldman Sachs Increases Bitcoin Holdings to $470 Million

    goldman bitcoin exposure skyline

    Goldman Sachs Expands Bitcoin Holdings to $470 Million

    futuristic dubai bitcoin skyline

    UAE Becomes Fourth-Largest State Bitcoin Holder

    thai cityscape modern oil painting

    RSXYZ Increases Bitcoin Holdings to 50 BTC

    uae office bitcoin mining art

    UAE Emerges as Fourth-Largest Government Bitcoin Holder

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    xrp futures market oil painting

    XRP Futures Hit $1B OI Milestone Sooner Than Ever

    ai driven financial skyline

    JPMorgan Invests $500M in AI Hedge Fund Numerai

    pantera solana financial artwork

    Pantera Capital Plans $1.25B Solana Company Raise

    skeptical shiba coin growth

    Analysts Predict 540% Jump for Shiba Inu

    journalist checks etf documents

    Bitwise Files for First Spot Chainlink ETF with SEC

    trump coin oil painting

    Canary Capital Files for TRUMP Coin ETF with SEC

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Binance’s CZ Seeks Dismissal in FTX $1.8B Lawsuit

Joshua T. by Joshua T.
August 6, 2025
in Latest News
changpeng zhao office portrait
Key Points:
  • Binance’s CZ requests dismissal of FTX’s $1.8B lawsuit.
  • CZ cites lack of U.S. jurisdiction.
  • Case may redefine cross-border crypto legalities.
binances-cz-requests-dismissal-of-ftxs-1-8b-lawsuit
Binance’s CZ Requests Dismissal of FTX’s $1.8B Lawsuit

Binance co-founder Changpeng “CZ” Zhao has requested the Delaware Bankruptcy Court dismiss a $1.8 billion lawsuit from the FTX estate, citing jurisdictional issues due to his UAE residency.

MAGA

The outcome could influence international legal precedents in crypto, impacting market sentiment for cryptocurrencies linked to FTX and Binance.

Binance co-founder Changpeng Zhao has moved to dismiss a $1.8 billion lawsuit by the FTX bankruptcy estate. CZ argues the Delaware court lacks jurisdiction, as he resides in the UAE and the transactions were offshore.

Changpeng Zhao (CZ), Co-founder of Binance, stated, “The U.S. court lacks jurisdiction over me since I reside in the UAE and the transactions in question were conducted by offshore entities.” Source

The lawsuit aims to retrieve $1.76–$1.8 billion related to Binance’s earlier equity in FTX. Market sentiment around FTT and BNB tokens could see downturns, although no direct impact on token liquidity has emerged.

This case follows previous actions where FTX sought asset returns from firms like Genesis, Voyager, and celebrities. Results have varied based on U.S. law’s extraterritorial application, affecting market sentiments accordingly.

Historic trends show mixed outcomes for similar international disputes, questioning the boundaries of jurisdiction. The case could set precedence in how courts handle global crypto asset recoveries and the limits of U.S. law overseas.

Experts suggest a decision in CZ’s favor may shift the regulatory landscape, influencing future litigations. This could affect how global entities manage cross-border transactions and strategize legal structures within different jurisdictions. More insight into the jurisdictional challenges in such cases can be found in the Mitrade Privacy Policy.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Binance’s CZ Seeks Dismissal of $1.8B FTX Lawsuit

Next Post

Coinbase to Raise $2 Billion via Convertible Notes

Joshua T.

Joshua T.

Related Posts

futuristic ai fintech skyline

JPMorgan Allocates $500M to Numerai, Boosting Crypto-AI Ventures

by Solomon M.
August 27, 2025

JPMorgan funds Numerai with $500M, doubling its assets, boosting crypto-AI integration.

futuristic city gdp display

US Government to Publish Economic Data on Blockchain

by Solomon M.
August 26, 2025

US Commerce Dept. to publish GDP data on blockchain, increasing transparency and reducing fraud.

tense formal meeting oil painting

Trump’s Attempt to Dismiss Fed’s Lisa Cook Draws Attention

by Joshua T.
August 26, 2025

Trump's attempt to fire Fed Governor Lisa Cook raises financial system stability concerns.

authoritative woman oil portrait

Fed Governor Lisa Cook Challenges Trump’s Removal Authority

by Solomon M.
August 26, 2025

Fed's Lisa Cook disputes Trump's power to dismiss her amid rate-cut demands.

euro stablecoin oil painting

EU Plans Euro-backed Stablecoin Launch on Ethereum

by Solomon M.
August 26, 2025

EU to launch an official euro-backed stablecoin on Ethereum, advancing digital euro adoption.

futuristic city ethereum euro

EU Plans Euro Stablecoin on Ethereum Blockchain

by Solomon M.
August 26, 2025

The EU is reportedly preparing a euro-backed stablecoin launch on Ethereum, aiming for public blockchain integration.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.