Stolen Funds Render FTX Clawback Moot, Embed Parties Say
Gunnar Larson
g at xny.io
Fri Mar 1 01:34:32 PST 2024
Stolen Funds Render FTX Clawback Moot, Embed Parties Say
<https://www.law360.com/capitalmarkets/articles/1808280?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-03-01&read_main=1&nlsidx=0&nlaidx=10>
By Vince Sullivan
Parties associated with stock trading platform Embed Financial Technologies
told a Delaware bankruptcy judge Thursday that defunct cryptocurrency
exchange FTX Trading Ltd. can't claw back $240 million from a prepetition
acquisition because the funds used to buy Embed were stolen from FTX
customers.
Motion attached | Read full article »
<https://www.law360.com/capitalmarkets/articles/1808280?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-03-01&read_more=1&nlsidx=0&nlaidx=10>
| Save to favorites »
<https://www.law360.com/capitalmarkets/articles/1808280?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-03-01&read_later=1&nlsidx=0&nlaidx=10>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: not available
Type: text/html
Size: 2274 bytes
Desc: not available
URL: <https://lists.cpunks.org/pipermail/cypherpunks/attachments/20240301/6cfb7aeb/attachment.txt>
More information about the cypherpunks
mailing list