The founder and chief shareholder of the world’s largest crypto accounting officer of Binance Changpeng Zhao filed a lawsuit in the bankruptcy court of the Deflater state of the claim for $ 1.76 billion from the bankrupt exchange of the FTX Exchange.

The businessman said that he is a tax resident of the United Arab Emirates (UAE), and all disputed transactions were carried out outside the country, so the US Supreme Court does not have the right to consider the FTX claim. Zhao lawyers called the lawsuit absurd and reported that the transactions were carried out through the legal entity registered in Ireland, the Kaymans and the British Virgin Islands.

Lawsuit FTX refers to an agreement of 2021, when Binance I sold my share in this company. The current leadership FTX He believes that for the redemption of shares, the previous management of the company used customer funds. In the lawsuit FTX Separately marked the tweets of Zhao on social networks X in November 2022, where the businessman announced the sale of Native FTX, FTT. This caused a massive outflow of customers, assures the leadership of a collapsed crypto -site.

Lawyers of the founder Binance They say that the collapse of the FTX was due to the “fraudulent nature” of the company, and FTX From the very beginning, she did not have the right to exist.

Earlier, the interim administration of the bankrupt cryptocurrency book FTX called the date of the beginning of a new stage of payments to injured customers. Funds of $ 2 billion are going to start distributing on September 30, and the registry of applications for payment should be closed on August 15.