LayerZero Archives

Active Currencies: 17,387

Market Cap: $2.325T

Bitcoin Dominance: 55.28%

24h Market Cap Change: $-2.92

Altcoin FTX sues LayerZero over alleged illicit fund withdrawals. Details inside…

The troubled cryptocurrency exchange FTX has taken legal action against the cross-chain protocol LayerZero Labs, aiming to recover $21 million in allegedly illicitly withdrawn funds prior to FTX’s closure in November.

By Himalay Patel

AMBCrypto was founded in 2018 with a mission to simplify and bring the latest blockchain and cryptocurrency news to our readers. We have quickly grown into the digital news source for an emerging generation of cryptocurrency enthusiasts, reaching more than a million readers on a monthly basis, across the globe.