Binance subpoenas O’Leary and Lewis in $1.76B FTX clawback defense
AI summary
Binance and founder Changpeng Zhao have subpoenaed Kevin O'Leary and author Michael Lewis as they defend a $1.76 billion FTX clawback lawsuit. The subpoenas target an investor who was paid to promote FTX and the writer who chronicled Sam Bankman-Fried's rise and fall. The move signals that the legal fight over FTX's collapsed estate is escalating and could keep exchange-related liability and reputational risk in focus for traders.
