Binance and CZ Subpoena Kevin O’Leary in FTX Clawback Suit

The subpoena of a high-profile investor like O'Leary signals that discovery is widening beyond the original parties, pulling in the public-facing figures who gave FTX credibility. That matters because the July ruling denying dismissal already pushed the case past its weakest stage, and the $1.76 billion figure tied to the 2021 stake buyback keeps Binance and Zhao at the center of the dispute. What's worth watching is whether discovery yields evidence that reshapes the fraudulent-transfer claims, and how the Recovery Trust's pursuit of third-party figures evolves as the case proceeds.