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 3AC’s Kyle Davies tried to lure LayerZero to entrust entire treasury days before collapse, CEO Pellegrino claims.
https://www.tbstat.com/wp/uploads/2022/06/20220629_3AC2-1200x675.jpg?isSafari=false&isMobile=false 
 The situation has also seen LayerZero Labs facing legal action from the FTX estate, with claims and counterclaims being made by both parties. Pellegrino has responded to the lawsuit, asserting that LayerZero Labs has proactively attempted to address the issue of the ownership of its shares with FTX's liquidators for nearly a year, but has been ignored.