FTX Settles $324M Ch. 11 Suit Over European Deal For $33M
Gunnar Larson
g at xny.io
Mon Feb 26 07:01:03 PST 2024
FTX Settles $324M Ch. 11 Suit Over European Deal For $33M
<https://www.law360.com/delaware/articles/1806436?nl_pk=8f2e5a76-bb66-462b-a05a-b234142584d6&utm_source=newsletter&utm_medium=email&utm_campaign=delaware&utm_content=2024-02-26&read_main=1&nlsidx=0&nlaidx=6>
By Alex Wittenberg
Bankrupt cryptocurrency exchange FTX Trading Ltd. has asked a Delaware
court to approve a plan to resolve a $323.5 million clawback action aimed
at the co-founders of its European unit by selling the subsidiary back to
the executives for $32.7 million.
Settlement attached | Read full article »
<https://www.law360.com/delaware/articles/1806436?nl_pk=8f2e5a76-bb66-462b-a05a-b234142584d6&utm_source=newsletter&utm_medium=email&utm_campaign=delaware&utm_content=2024-02-26&read_more=1&nlsidx=0&nlaidx=6>
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