CZ Moves to Dismiss $1.76B FTX Clawback Suit

CZ Moves to Dismiss $1.76B FTX Clawback Suit

Former Binance CEO Changpeng “CZ” Zhao has filed a motion in the U.S. Bankruptcy Court for the District of Delaware seeking dismissal from a $1.76 billion clawback lawsuit initiated by the FTX bankruptcy trust, according to Bloomberg Law. The...

source: bitbo.io

Ray Dalio Endorses Bitcoin as Hedge Amid U.S. Debt Concerns

Billionaire investor Ray Dalio has reaffirmed his support for Bitcoin as part of a balanced portfolio, recommending a 15% allocation to either Bitcoin or gold amid rising concerns over U.S. fiscal instability. Speaking on CNBC’s “Master Investor” podcast with...

Crypto Council for Innovation names Ji Hun Kim as permanent CEO

The Crypto Council for Innovation (CCI) has appointed Ji Hun Kim as its permanent Chief Executive Officer, solidifying his leadership after months in an interim role. Announced on Thursday, Kim’s promotion comes after serving as CCI’s president and acting...

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