Alameda Ventures
Crypto
FTX Sues LayerZero Labs To Recover Over $21 Million Transferred On Eve Of Bankruptcy
Bankrupt crypto exchange FTX has taken legal action against its former partner, LayerZero Labs, a blockchain infrastructure company, to recover $21 million in funds that were allegedly illegally withdrawn before FTX’s closure in November last year. According to court documents filed on Sept. 9, the exchange accused LayerZero Labs of wrongdoing related to transactions between […]