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

According to BlockBeats, on January 31st, Bryan Pellegrino, CEO of cross chain interoperability protocol LayerZero, posted on social media that "after more than two years and spending millions of legal fees, we have 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 rather a confrontation between us and our creditors. The original repurchase amount has been returned to FTX estate. I am glad to no longer have frequent conversations with lawyers and can focus all my energy on construction