Changpeng “CZ” Zhao, co-founder of Binance, just fired back at the FTX bankruptcy estate in a Delaware court, saying the U.S. has no legal right to come after him over a $1.76 billion clawback claim.

FTX’s bankruptcy estate is set to release $1.6 billion of funds to creditors at the end of the month, marking the third major payout following the crypto exchange's implosion nearly three years ago.

FTX’s token FTT surged 17% in the last 24 hours, baffling traders as bankruptcy proceedings continue and unlocked tokens re-enter circulation. As of Sept. 18, the token traded at around $0.93, up more ...

FTX’s bankruptcy estate is uncertain whether it is legally entitled to distribute payouts to creditors in countries such as China amid local crypto restrictions. FTX’s bankruptcy estate has raised ...