Binance Denies Role in FTX Collapse, Seeks Dismissal of $1.76B Lawsuit

TL;DR Vigorous Legal Defense: Binance seeks dismissal of a $1. 76 billion lawsuit by the FTX estate, vehemently denying any role in FTX’s collapse. Attributing Collapse to Internal Fraud: Binance argues that FTX’s downfall was driven by internal mismanagement and fraud by its former CEO, not by external market actions. Challenging Allegations and Jurisdiction: The exchange. . . source: https://crypto-economy.com/binance-denies-role-in-ftx-collapse-seeks-dismissal-of-1-76b-lawsuit/