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FTX has filed a lawsuit against LayerZero and its former COO to recover approximately $41 million in assets

2023-09-10 09:39:14

ChainCatcher news, FTX creditor @sunil_trades stated on social media that, according to the lawsuit documents, FTX has filed a recovery lawsuit against relevant parties including LayerZero Labs. It is reported that before FTX shut down and prohibited withdrawals, LayerZero illegally extracted assets worth $21.37 million from FTX using insider information.

In addition, FTX is also seeking to recover approximately $13.07 million and $6.65 million from LayerZero Labs' former Chief Operating Officer Ari Litan and his company Skip & Goose, respectively.

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