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LayerZero CEO: A settlement agreement has been reached with FTX estate, and the original repurchase money has been returned to FTX estate

According to online reports, Bryan Pellegrino, CEO of Cross-Chain Interoperability Agreement LayerZero, said in a post on social media that after more than two years and spending millions in legal fees, we reached a settlement agreement with FTX estate. In the end, we decided that this was not a confrontation between us and FTX, although we felt we had every reason to do so, but a confrontation between us and our creditors. The original repurchase money has been returned to FTX estate. I'm happy to no longer talk to lawyers frequently and I can focus all my energy on construction.

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