Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the td-cloud-library domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/moderndigitalind/public_html/wp-includes/functions.php on line 6170
FTX sues LayerZero Labs, seeks to recover over $21M moved prior to bankruptcy By Cointelegraph - Modern Digital India
Thursday, June 11, 2026
International Investments

FTX sues LayerZero Labs, seeks to recover over $21M moved prior to bankruptcy By Cointelegraph

By Isabella Margaret
FTX sues LayerZero Labs, seeks to recover over M moved prior to bankruptcy By Cointelegraph
Post Views: 93

[ad_1]



Bankrupt crypto exchange FTX has filed a lawsuit against cross-chain protocol LayerZero Labs, seeking to recover $21 million in funds that were allegedly illegally withdrawn prior to FTX’s shutdown in November 2022, according to court documents filed on September 9.

The case traces back to transactions made from January to May 2022, between Alameda Ventures — the venture capital arm of Alameda Research, FTX’s sister company — and LayerZero.