It is alleged that LayerZero illegally withdrew $21 million from FTX using insider information, immediately before the exchange crashed and stopped allowing withdrawals.
The case against LayerZero Labs is being led by FTX’s recently recruited CEO.
At this pace, the airdrop is at jeopardy because it appears like problems with the SEC may arise even before the token is distributed.
well, when you think of it, there is more reason for them to launch as they might need the funds for lawyers lol
but, what do they mean illegal though ??? thats what I am wondering about. and on what basis, customers cannot trade from information and withdraw their funds before their collapse. Is it covered under security like share trading ?