FTX sues to recover $21 million from LayerZero Labs

The lawsuit focuses on a deal allowing Alameda Research to sell back a 5% stake in LayerZero. The lawsuit also draws attention to an unfinished deal involving 100 million STG tokens, which LayerZero pledged to buy back at a $10 million discount. Pellegrino, the CEO of LayerZero, thinks the action…#alamedaresearch #layerzero #pellegrino #ftx #layerzerolabs #alamedaventures #bryanpellegrino

Source: Reuters: Health - September 11, 2023 Category: Consumer Health News Source Type: news