A post by @WatcherGuru on X.
JUST IN: Binance and founder CZ subpoena Shark Tank's Kevin O'Leary in $1.76 billion FTX lawsuit.
@WatcherGuru on X
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Binance and founder Changpeng Zhao have subpoenaed “Shark Tank” investor Kevin O’Leary in the $1.76 billion FTX lawsuit, according to a Watcher.Guru report. The subpoena draws O’Leary, a prominent FTX backer and spokesperson, into the litigation as Binance and Zhao defend against claims tied to FTX’s collapse. The move signals that Binance and Zhao are seeking testimony and documents from O’Leary as they build their case in the multibillion-dollar dispute. It matters because O’Leary’s public role at FTX could make his account relevant to questions over representations made to investors and customers. What to watch next is whether O’Leary contests or complies with the subpoena and what his testimony adds to the $1.76 billion case.
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Named in this story
CZ, Binance, Kevin O'Leary, FTX