TechFlow news — On January 31, Bryan Pellegrino, CEO of cross-chain interoperability protocol LayerZero, posted on X stating, "After more than two years and millions of dollars in legal fees, we've reached a settlement agreement with the FTX estate. Ultimately, we realized this wasn't a fight between us and FTX—we felt we had every right to pursue that path—but rather a battle against creditors. The original repurchase funds have been returned to the FTX estate. We're glad to no longer be constantly on calls with lawyers and can now fully focus our energy on building."
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