[FTX recovery lawsuit involves LayerZero Labs and other related parties] According to Odaily Planet Daily, FTX creditor @sunil_trades broke the news on the X platform that FTX has filed a recovery lawsuit against LayerZero Labs and other related parties. It is reported that LayerZero used internal information to illegally withdraw US$21.37 million in funds before FTX was closed and withdrawals were prohibited. At the same time, FTX also seeks to recover approximately US$13.07 million and US$6.65 million from Ari Litan, the former chief operating officer of LayerZero Labs, and its Skip & Goose subsidiary. In November last year, LayerZero reached an equity acquisition agreement with FTX, FTX Ventures and Alameda Research and purchased locked STG tokens from the Alameda community auction. Currently, LayerZero has a cash balance of approximately US$107 million and on-chain funds of US$27 million (approximately 90% stablecoins), totaling US$134 million. What do you think of this lawsuit? Feel free to chat in the comment area. 🗣️