Bybit Wants $953M FTX Suit Axed For 'Threadbare' US Ties

[Gunnar Larson]

Subject: Bybit Wants $953M FTX Suit Axed For 'Threadbare' US Ties

Bybit Wants $953M FTX Suit Axed For 'Threadbare' US Ties
<https://www.law360.com/capitalmarkets/articles/1795204?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-02-08&read_main=1&nlsidx=0&nlaidx=10>

By Alex Wittenberg

Cryptocurrency exchange Bybit Fintech Ltd. has urged a Delaware bankruptcy
judge to throw out an FTX lawsuit that aims to recover $953 million that
Bybit and affiliates allegedly raced to withdraw before FTX collapsed,
arguing that the case has "no connection" to the U.S. and even if it did,
FTX's claims all fail.

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<https://www.law360.com/capitalmarkets/articles/1795204?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-02-08&read_more=1&nlsidx=0&nlaidx=10>
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