The founder of a certain trading platform applied to dismiss the $1.76 billion claim lawsuit against FTX.

[Chain News] On August 6, it was reported that the founder of a certain trading platform requested the bankruptcy court in Delaware, USA, to dismiss the $1.76 billion recovery lawsuit filed by the FTX trust against him. The trust claims that the funds were improperly transferred by SBF (Sam Bankman-Fried) to a certain trading platform. In a motion submitted on Monday, the founder of the trading platform stated that he is a resident of the UAE, and the trust cannot prove that he is under the jurisdiction of Delaware. He emphasized that the relevant claims have little connection to the United States, and the regulations involved have no extraterritorial applicability. Previously, the trust and FTX Digital Markets sued the trading platform and several executives regarding a share repurchase agreement with SBF from July 2021. In July of this year, two former executives of the trading platform have already applied to be removed from the lawsuit. The founder of the trading platform claimed that he is merely the "nominal counterparty" and accused FTX of "unreasonably" blaming the trading platform for the bankruptcy. He also pointed out that serving American lawyers to foreign defendants is improper conduct, which would render the complaint invalid. The founder of the trading platform further stated that U.S. bankruptcy law does not clearly apply to the transfer of foreign funds.