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Binance has filed a motion to dismiss FTX’s $1.76 billion lawsuit, claiming lack of jurisdiction and unsupported allegations. Binance argued that the US court has no authority over the foreign entities named in the case, as none of the defendants resided in the US. Binance also refuted claims of contributing to FTX’s collapse and stated that its decision to liquidate FTT holdings in 2022 was driven by market risk.
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