NATO Monitors Russian Naval Drills Near Finland and Norway
April 24, 2025: NATO closely monitors a series of Russian naval exercises in the northern waters near Finland and Norway amid heightened military activity
- April 25, 2025 10:23 pm
- California
December 19, 2022: –Binance Chief Executive Changpeng “CZ” Zhao is dismissing concerns that his firm could have $2.1 billion clawed back due to FTX’s bankruptcy proceedings in an appearance on Thursday and said he trusted his attorneys to handle things.
Andrew Ross Sorkin and Becky Quick pressurized Zhao on whether he anticipated being able to come back that $2.1 billion payment from FTX, which Binance is when it exited its 2019 Series A investment with FTX, to bankruptcy trustees which looked to claw back any fraudulent conveyances which make by FTX to outside businesses or investors.
“Is it possible to handle it if anyone asked you for $2.1 billion back,” Quick questioned him? “We are financially OK,” Zhao stated, which evaded a straight answer.
Suppose bankruptcy proceedings establish that a payment was made through the processes of fraud or that an individual will have reasonably known that a charge was fraudulent. According to the U.S. bankruptcy code, any beneficiary in a dual-year lookback window can have their profits clawed back by the trustee.
“Are you prepared to send that money to those people?” Sorkin asked Zhao.
“We’ll go to that to the lawyers. I think the legal team can handle it,” Zhao answers before attempting to pivot away to FTX’s well-documented spending habits.
Zhao told Sorkin that the repayment was a mixture of BUSD, BNB and FTT tokens. Zhao declared that the FTT portion of the compensation was significant but that the company had “forgotten” about it. “We have actual revenue,” Zhao said.
We provide the insights on leaders who are responsible for taking their organization to new heights, all the while bringing together a group of talented individuals.
April 24, 2025: NATO closely monitors a series of Russian naval exercises in the northern waters near Finland and Norway amid heightened military activity
April 23, 2025: The U.S. Supreme Court is preparing to issue a ruling on whether AI-generated political speech is protected under the First Amendment
Manufacturers often struggle with generating accurate and timely quotes, delaying customer responses and risking profitability. Traditional quoting processes can take days or even weeks, while customers expect responses within 24 hours. Micro Estimating Systems addresses these challenges with advanced software that allows users to generate highly accurate quotes in minutes. By integrating with shop-specific data and automating feature recognition, their solutions ensure precision and speed, empowering manufacturers to make informed decisions and enhance their operational efficiency.
Manufacturers often struggle with generating accurate and timely quotes, delaying customer responses and risking profitability. Traditional quoting processes can take days or even weeks, while customers expect responses within 24 hours. Micro Estimating Systems addresses these challenges with advanced software that allows users to generate highly accurate quotes in minutes. By integrating with shop-specific data and automating feature recognition, their solutions ensure precision and speed, empowering manufacturers to make informed decisions and enhance their operational efficiency.
Manufacturers often struggle with generating accurate and timely quotes, delaying customer responses and risking profitability. Traditional quoting processes can take days or even weeks, while customers expect responses within 24 hours. Micro Estimating Systems addresses these challenges with advanced software that allows users to generate highly accurate quotes in minutes. By integrating with shop-specific data and automating feature recognition, their solutions ensure precision and speed, empowering manufacturers to make informed decisions and enhance their operational efficiency.
Manufacturers often struggle with generating accurate and timely quotes, delaying customer responses and risking profitability. Traditional quoting processes can take days or even weeks, while customers expect responses within 24 hours. Micro Estimating Systems addresses these challenges with advanced software that allows users to generate highly accurate quotes in minutes. By integrating with shop-specific data and automating feature recognition, their solutions ensure precision and speed, empowering manufacturers to make informed decisions and enhance their operational efficiency.