FTX takes legal action against LayerZero Labs over $21m dispute
FTX, the cryptocurrency exchange that faced bankruptcy in November 2022, has taken legal action against LayerZero Labs, a company specializing in cross-chain protocol development, in a bid to recover $21 million. The lawsuit centers on transactions that transpired between LayerZero Labs and Alameda Ventures, a venture capital arm of Alameda Research, just prior to FTX’s … Read more