FTX’s bankruptcy estate has taken legal action against LayerZero Labs, the development firm behind a cross-chain swap protocol, in a bid to reverse a series of financial transactions conducted by FTX’s former management shortly before the exchange filed for bankruptcy.
The lawsuit centers around a transaction involving former Alameda Research CEO Caroline Ellison and LayerZero Labs, which took place just four days prior to FTX’s bankruptcy filing….
Read More: FTX Estate Takes Legal Action Against LayerZero Labs to Recover $86 Million