"FTX Pursues Recovery Lawsuit Against LayerZero Amid $21 Million Withdrawal Scandal.

Cryptocurrency exchange FTX has launched a recovery lawsuit against LayerZero, following a startling revelation that LayerZero withdrew $21 million just two months prior to its collapse. The lawsuit, as outlined in restructuring.ra.kroll.com/FTX/Home-Docke..., seeks to address this questionable transaction.

While this development may raise concerns, it's essential not to panic. The silver lining is the confirmation of $ZRO's status within the lawsuit, indicating the potential for a buyback using recovered funds.

This case underscores the importance of transparency and accountability within the crypto space, as exchanges strive to protect user interests and uphold industry integrity. #crypto2023