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FTX filed a lawsuit against LayerZero Labs and its former COO, seeking to recover more than $41 million in funds
2023-09-10 01:22
Odaily News FTX creditor @sunil_trades posted on the X platform that according to a lawsuit document, FTX has filed a recovery lawsuit against LayerZero Labs and other related parties. Allegedly, just before FTX shut down and banned withdrawals, LayerZero used inside information to illegally withdraw $21.37 million in funds from FTX. In addition, FTX also seeks to recover approximately US$13.07 million and US$6.65 million from Ari Litan, the former chief operating officer of LayerZero Labs, and its Skip Goose subsidiary. It was reported in November last year that LayerZero had reached an agreement with FTX, FTX Ventures and Alameda Research for a complete equity acquisition; it also purchased locked STG tokens from Alameda’s community auction; LayerZero said it currently has approximately US$107 million. Direct cash balance and $27 million in on-chain funds (~90% stablecoins), totaling $134 million.
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Base Ecosystem Manager: Each Base Ecosystem Token Will Support Coinbase Transactions
The five $1 million addresses that participated in the PUMP public sale collected PUMP and deposited it into Kraken, missing out on $10.866 million in profits compared to the peak price.
MEMEFI briefly broke through 0.0025 USDT, with a 24-hour increase of 45.8%.
A whale who built up a BTC position during the last bull market deposited another 50 WBTC to Binance an hour ago, and will make a profit of $2.885 million by selling it.
Binance Alpha will list Fireverse (FIR) with an airdrop requirement of at least 200 Alpha Points.
Binance to delist DEFIUSDT and MEMEFI perpetual contracts