[Watcher Guru] JUST IN: Binance and founder CZ subpoena Shark Tank's Kevin O'Leary in $1.76 billion FTX lawsuit.
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Binance and founder Changpeng Zhao have subpoenaed Kevin O'Leary in the $1.76 billion lawsuit tied to FTX's collapse, seeking testimony from the Shark Tank investor who was a paid FTX spokesperson. The subpoena escalates the litigation over allegedly fraudulent transfers connected to the exchange's bankruptcy. O'Leary's testimony could shed light on FTX's marketing arrangements and what investors were told before the collapse. Watch for whether O'Leary is compelled to sit for a deposition and how his account fits into the broader $1.76 billion clawback case.
Muhabbit's AI wrote this summary in its own words from Telegram's report. It can get details wrong, so check the source.
Named in this story
Binance, Changpeng Zhao (CZ), Kevin O'Leary, FTX