FTX Says User Agreements Don't Sink $157M Clawback

[Gunnar Larson]

FTX Says User Agreements Don't Sink $157M Clawback
<https://www.law360.com/capitalmarkets/articles/1796788?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-02-13&read_main=1&nlsidx=0&nlaidx=4>

By Clara Geoghegan

A lawsuit to recoup cryptocurrency withdrawn from defunct trading platform
FTX Trading Ltd. in the run-up to its Chapter 11 bankruptcy shouldn't be
tossed, FTX told a Delaware bankruptcy court, saying the court can't
determine who owned the $157.3 million of digital assets held in customer
accounts at the motion to dismiss stage.

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<https://www.law360.com/capitalmarkets/articles/1796788?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-02-13&read_more=1&nlsidx=0&nlaidx=4>
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